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    Dealer Behind 2021 Bear Market Name Now Predicts Main BTC Rally
    Bitcoin

    Dealer Behind 2021 Bear Market Name Now Predicts Main BTC Rally

    By Crypto EditorMay 30, 2025No Comments2 Mins Read
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    A crypto analyst recognized for precisely forecasting the 2021 market downturn now believes Bitcoin could also be gearing up for an additional vital rally.

    The pseudonymous dealer, widely known as “Dave the Wave,” has pointed to a key technical sign suggesting Bitcoin’s long-term uptrend stays intact.

    In a latest submit, Dave highlighted the month-to-month Shifting Common Convergence Divergence (MACD) — a trend-following momentum indicator — which is now starting to curve upward once more after a quick pause. He interprets this as a possible signal that Bitcoin may proceed climbing within the coming months.

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    In keeping with his chart evaluation, Bitcoin seems to be transferring inside a value channel that stretches from $75,000 on the low finish to $160,000 on the excessive. The analyst believes a breakout towards the higher vary could possibly be on the horizon, estimating that Bitcoin may attain $160,000 within the close to time period — a achieve of over 47% from present ranges.

    Nonetheless, he additionally warns that even in a bullish development, non permanent corrections are pure. If a pullback does happen, he sees $100,000 as a probable help stage — a wholesome dip, reasonably than an indication of weak point.

    In abstract, Dave the Wave’s outlook displays cautious optimism, with momentum indicators aligning together with his view that Bitcoin remains to be within the early levels of a possible long-term rally.

    With over 8 years of expertise within the cryptocurrency and blockchain business, Alexander is a seasoned content material creator and market analyst devoted to creating digital belongings extra accessible and comprehensible. He makes a speciality of breaking down advanced crypto tendencies, analyzing market actions, and producing insightful content material aimed toward educating each newcomers and seasoned buyers. Alexander has constructed a repute for delivering well timed and correct evaluation, whereas retaining an in depth eye on regulatory developments, rising applied sciences, and macroeconomic tendencies that form the way forward for digital finance. His work is rooted in a ardour for innovation and a agency perception that widespread training is vital to accelerating international crypto adoption.

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