Analyst Who Predicted May 2021 Crypto Crash Now Says Bitcoin Set To Surge To This Price By 2024

Zinger Key Points
  • At the time of writing, Bitcoin was trading at $23,500, up by 3% in the last seven days. 
  • The crypto strategist says Bitcoin could reach to $180,000 level by late 2024. 

A cryptocurrency analyst who goes by the pseudonym "Dave the Wave" told his 134,000 Twitter followers that the apex crypto Bitcoin BTC/USD is setting up for a massive move to the upside.  

During the previous bull cycle, he predicted the collapse of Bitcoin in May 2021, but then incorrectly called for the apex crypto to reach $100,000 in 2022. 

The crypto strategist now says that Bitcoin could explode 676% by 2024 and reach the $180,000 level by late 2024. 

The analyst also said that the MACD, a trend reversal indicator, is currently hovering in the same zone as it did before the 2019 BTC surge.

At the time of writing, Bitcoin was trading at $23,542, up by 3% in the last seven days. 

Also Read: Bitcoin Falls Below $23,000; Holo Emerges As Top Gainer

Meanwhile, Crypto Analyst Michaël van de Poppe has predicted that the second half of 2023 won't be kind to crypto markets.

According to him, there's a good likelihood of Bitcoin soaring toward $35,000, while altcoins may experience price increases of three to five times. 

Read Next: Pro-Bitcoin Ted Cruz Wants Capitol Vending Machines To Accept Crypto

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