The name Dave The Wave is famous in the digital world for his near-perfect accuracy on market predictions. He has again predicted a dramatic change in one of the leading cryptocurrencies by the end of 2025. Given his track record of successfully calling out and predicting market trends in the past, several Blockchain enthusiasts have their notebooks out for a delightful reward.
Through a combination of technical analysis and the use of his Logarithmic Growth Channels(LGC), he has forecasted a dramatic price increase for the leading cryptocurrency Bitcoin. He predicts an increase of 214% from its current value making the price value of BTC $200,000 which is an absurd amount. He further supports and shows a positive outlook for Bitcoin in the coming years.
Dave the Wave who has accurately predicted previous market moves shared another forecast on the potential future of Bitcoin. He predicted bitcoin hitting a remarkable value of $200000 on X (Formerly Twitter), He based his prediction on his own Logarithmic Growth Channels(LGC). LGC is used to determine short-term volatility as well as long-term market trends. He also mentions Bitcoin forming a cup-and-handle pattern on weekly charts. He also notes that BTC appears to follow a strange pattern of higher highs and higher lows which suggests a strong bullish momentum.
A Famous Name, Dave the wave forecasted Bitcoin hitting a wildly absurd milestone of $200,000 market value. He also expressed good outlooks for Bitcoin in the future.