A crypto analyst named Dave the Wave believes that Bitcoin is still in the early stages of its market cycle and has the potential to reach six figures. He explains that Bitcoin typically follows a four-year cycle and, based on historical price action, a parabolic move is likely to occur in the future. Dave the Wave shares a chart indicating that Bitcoin could hit $110,000 in the short term and potentially surpass $200,000 by next year. Despite a recent dip, Bitcoin is currently trading at $96,478 with a 4.8% increase in the last 24 hours.



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