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$BTC: Crypto Analyst Explains Why He Expects Bitcoin Price to Reach $30K by Next April

$BTC: Crypto Analyst Explains Why He Expects Bitcoin Price to Reach K by Next April

$BTC: Crypto Analyst Explains Why He Expects Bitcoin Price to Reach $30K by Next April

A famous cryptocurrency analyst, known in the crypto space for accurately predicting Bitcoin’s price drop in May 2021, recently hinted that the flagship cryptocurrency could recover soon. In a series of tweets shared with his more than 120,000 followers on the microblogging platform, analyst Dave shared wave charts showing that Bitcoin’s price could surge and reach the $25,000 mark before year-end.

The famous analyst’s chart shows that while the flagship cryptocurrency could end the year around $25,000, it would start in 2023 with a correction that would take it back below $20,000. Wave’s prediction would see that BTC will bounce back after the pullback to trade at $30,000 in April next year, ending a six-month bottom.

In a follow-up tweet, as reported by Daily Hodl, Dave the Wave noted that Bitcoin’s dominance could soon rebound, although the analyst cautioned followers to take the chart with caution as stablecoin has a stablecoins significant impact on BTC dominance. As CryptoGlobe reported, a famous analyst said BTC traders are preparing for a “big move” in the market at a time when the flagship cryptocurrency’s volatility has fallen below the stock market’s benchmark, the S&P 500 ist Elmandjra has defended the company’s forecast that the price of the flagship cryptocurrency BTC will exceed $1 million in the future. Wood that BTC would surpass $1 million by 2030.

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