The trader, known as Dave the Wave, believes that Bitcoin could see gains in the fourth quarter based on the weekly moving average convergence divergence (MACD) indicator, which is approaching a reset. Dave the Wave points to a previous instance in late 2023 when the MACD reset, which led to a significant price increase. He also shared a Bitcoin chart estimating that BTC could reach a price range of $135,000 by 2025. The trader's chart suggests that Bitcoin may start gaining bullish momentum in the coming months and experience parabolic rallies in 2025. Dave the Wave previously shared a chart indicating that BTC could break resistance levels starting from October 1st. Bitcoin is currently trading at $58,144.
Wintermute to launch predictions market called OutcomeMarket, beginning with TRUMP and HARRIS tokens