➡️ OPM Wealth: http://opm.cryptonewsalerts.net
Bitcoin Price on Verge of 1,000% Rally: Crazy Accurate Analyst Who Predicted BTC $6,400 Bottom
There are few Bitcoin traders that have been as accurate as Dave the Wave over the past year.
The pseudonymous cryptocurrency trader predicted in the middle of 2019 that the BTC price of the asset would retrace to the mid-$6,000s to enter a “long-term buying zone” after the over-300% rally that brought BTC from $3,150 to $14,000 in a few months’ time.
Bitcoin did just that, bottoming at $6,400 on December 18th, briefly entering the buy zone Dave the Wave laid out, offering investors with a rare opportunity to purchase the cryptocurrency at the peak of the feasible risk-return curve.
For the longest time, investors have been waiting for Bitcoin (BTC) to hit $100,000 – many think this is a price that will make the world, from Wall Street to Main Street, have true belief in BTC.
Right now, however, it seems entirely unfeasible for Bitcoin to hit $100,000 in the medium-term, for this price point lies around 1,000% higher than the current market price of $10,000 flat.
But, according to Dave the Wave, the cryptocurrency is still on a clear trajectory to enter a six-digit price point in the coming two to three years.
Dave backed this prediction by pointing out the cryptocurrency is on the verge of finishing a fractal correction and is about to break past of a long-term descending trendline, which marked the two swing tops over the past two years.
A move past the trendline, which will soon line up with the long-term buying zone for Bitcoin, is likely to kick off a rally to $100,000, Dave suggested.
Follow Us:
➡️ [PODCAST PROMO] Get $25 In Free CMDX Tokens from our sponsor: http://promo.cryptonewsalerts.net
🔥 Blog/Podcast: http://CryptoNewsYes.com
🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net
🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net
🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes
🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net
🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net
🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net
🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: ► http://trezor.cryptonewsalerts.net
Ledger: ► http://ledger.cryptonewsalerts.net
DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
Stay encouraged with any pullbacksAfter multiple weeks of green, a couple weeks of downward price action would be fine
Many were looking for the opportunity to buy and this could present ample opportunities
— Josh Rager 📈 (@Josh_Rager) February 15, 2020
ALTS barely flinched during the $BTC dump. In fact, it was barely a dump and there was barely a dip to buy.
All signs of how strong this market is and how strong $BTC & ALTS are.
Anyone who says they see weakness is just seeing a mirage in their head.
— Satoshi Flipper (@SatoshiFlipper) February 15, 2020
Price movements under $20,000 have only been a distraction to shake you out before $100,000 #Bitcoin
— Crypto Rand (@crypto_rand) February 14, 2020
For those getting stuck or confused on the shorter term call, here’s my view going forward. If you’re a holder/ investor, ignore the short term calls and focus on the medium/ long term.
Main point being, a consolidation to the buy zone would set BTC up nicely for its run. pic.twitter.com/AC2gv5VrGI
— dave the wave (@davthewave) February 16, 2020
Crypto Markets See Red as Bitcoin Begins Correction, How Low Will BTC Drop?
-
Nerve-Wracking Times for Traders: Top Crypto Analyst Reissues Bold $450K Bitcoin Price Forecast
Bitcoin, the pioneer of cryptocurrencies, is once again testing the nerves of traders as a top crypto analyst boldly reissues a staggering price forecast of $450,000 for the leading digital asset. This unexpected reiteration of a bullish prediction has sent shockwaves through the crypto community, leaving investors both excited and cautious as they navigate the current market conditions.
The article at the center of the buzz sheds light on a prominent crypto analyst who has decided to stand by their earlier forecast of Bitcoin reaching an impressive $450,000. In a market known for its volatility, such bold predictions can stir a myriad of emotions among traders, ranging from anticipation to skepticism.
As Bitcoin’s price weaves through ups and downs, the reissued forecast adds an intriguing layer to the ongoing dialogue about the future of the cryptocurrency. Traders find themselves at a crossroads, grappling with the decision of whether to align their strategies with this optimistic prediction or to approach it with a degree of caution given the unpredictable nature of the market.
The $450,000 Bitcoin price forecast raises questions about the potential catalysts and timeline that the analyst envisions for this remarkable surge. Understanding the reasoning behind such bold predictions is crucial for investors seeking to make informed decisions in an environment where sentiment can sway rapidly.
While some traders may view this as an opportunity to capitalize on a potential upward trend, others might approach it with skepticism, considering the various factors that can influence the crypto market. Regulatory developments, macroeconomic trends, and global events are among the external factors that could impact the realization of such a lofty price target.
As the crypto community navigates these nerve-wracking times, it’s essential for investors to conduct thorough research, stay informed about market developments, and approach predictions with a discerning eye. The reissued $450,000 Bitcoin price forecast adds an element of excitement to the unfolding narrative of the cryptocurrency market, but caution should prevail in the face of uncertainty.
In the ever-evolving landscape of cryptocurrencies, traders must remain adaptable and resilient. The coming weeks and months will undoubtedly provide more insights into whether Bitcoin can live up to this ambitious forecast or if the market has additional surprises in store for investors. As the crypto saga continues, traders buckle up for a potentially thrilling ride, keeping a watchful eye on Bitcoin’s price movements and the unfolding drama in the digital currency space.
