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Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

The article discusses the analysis by veteran trader Dave the Wave, who believes that Bitcoin is primed for a significant price move. He shares a chart using his logarithmic growth channel curve, suggesting that Bitcoin may break out of its narrow trading range. Dave the Wave also shares a chart indicating that Bitcoin could rally to $190,000 based on Fibonacci extension levels. At the time of writing, Bitcoin is trading at $106,124.

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