A veteran crypto trader known as Dave the Wave predicts that Bitcoin will reach $180,000 in the current cycle. He bases his prediction on the weekly Gaussian channel indicator, which suggests that Bitcoin will hit this price target in December 2025. Despite recent volatility, the analyst believes that Bitcoin can continue to move higher. Dave the Wave also compares the current correction in Bitcoin to a previous one in August 2024, suggesting that a similar pattern may lead to a rally to $180,000 by the end of the year. At the time of writing, Bitcoin is trading at $91,650, up nearly 5% in the past day.



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