Degen

A well-known cryptocurrency analyst, Dave the Wave, has predicted that Bitcoin (BTC) will reach around $112,000 before Christmas. He posted a chart on Twitter showing Bitcoin in an ascending channel. Dave the Wave also believes that in the first half of 2025, the price of Bitcoin will reach a range of $180,000 to $220,000. The analyst is also bullish on altcoins, noting that Bitcoin’s dominance is waning, which could mean a bullish move for altcoins. He believes that Bitcoin has not yet entered a bullish phase and will remain in a technical ascending channel if the price corrects.