CandleFocus Analyst Who Nailed End of 2021 Bull Market Says Bitcoin May Have Seen Worst of Correction – Here’s Why
2025-03-11
Author: Content Editor
The crypto strategist, Dave the Wave, believes that the worst of the Bitcoin collapse is behind us and that the cryptocurrency is close to finding the bottom of its correction. He points to several technical indicators, such as diagonal support, Fibonacci retracement levels, and moving averages, that suggest Bitcoin will bottom out at around $74,000. Despite some analysts believing the Bitcoin bull market is over, Dave the Wave predicts that BTC will experience a 2x gain and reach a new all-time high of $160,000 by the end of the year.
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