In a world where fortunes are made and lost faster than a cat can blink, a trader—let’s call him Dave the Wave, because why not?—has emerged from the shadows of the crypto realm. With a track record that would make even Nostradamus raise an eyebrow, he claims that Bitcoin’s (BTC) multi-year uptrend is as solid as a rock, or at least as solid as a crypto rock can be. 🪨
With a following of 153,800 on the social media platform X (formerly known as Twitter, but who’s counting?), Dave the Wave has declared that a repeat of BTC’s infamous 2021 double-top pattern is about as likely as finding a unicorn in a hedge fund meeting.
Ah, the memories of four years ago! Bitcoin, in a fit of dramatic flair, ended its bull market after failing to conquer the mighty resistance at $69,000—not once, but twice! Talk about a dramatic exit! 🎭
According to our dear analyst, a parabolic move preceded BTC’s 2021 peak, leaving it vulnerable to panic selling and massive liquidation events that sent it tumbling from a dizzying height of $69,000 to a mere $16,000. Ouch! That’s a fall that would make even the bravest of traders weep.
But fear not! Dave the Wave assures us that Bitcoin’s recent rise since 2023 has been as steady as a tortoise in a race against a hare. Higher highs and higher lows, he says, are the name of the game. A 2021-style collapse? “Unlikely,” he proclaims, with the confidence of a man who just found a $100 bill in his coat pocket.
In his bullish Bitcoin outlook, Dave the Wave believes that BTC could soar to his massive upside target in just a couple of months. “Oh boy,” he muses, “I’ll be selling a little BTC for the fam if it hits $160,000 over the course of the next couple of months…” Because who doesn’t want to be the hero of the family? 🦸♂️
For now, our intrepid trader insists that Bitcoin must breach its last resistance zone to trigger a parabolic rally toward his target. “BTC convincingly through $110,000 and we could be looking at a front-run blow-off top…” he warns, as if he’s narrating the climax of a thrilling novel.
As of this very moment, Bitcoin is trading at $109,628. Will it rise? Will it fall? Only time will tell, but one thing is for sure: the crypto circus is just getting started! 🎪
Read More
- Pepe Price: Can the Meme King Rise Again? 🤑🚀
- Gold Rate Forecast
- LINK PREDICTION. LINK cryptocurrency
- CRO PREDICTION. CRO cryptocurrency
- Silver Rate Forecast
- Brent Oil Forecast
- EUR CHF PREDICTION
- GBP EUR PREDICTION
- XRP PREDICTION. XRP cryptocurrency
- Is This Banker About to Crash Canada’s Party? 🤯
2025-05-26 17:42