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An analyst who accurately predicted the May 2021 Bitcoin crash, known as Dave the Wave, forecasts a significant Bitcoin price drop in the next few weeks. He suggests that Bitcoin may follow a similar pattern to last year, when it reached $74,000 before falling below $50,000. He expects Bitcoin to reach the worst of its consolidation by the end of March. While anticipating this pullback to around $81,000, Dave the Wave also predicts that Bitcoin could rally to as high as $260,000 by the end of the year, based on his growth model and technical indicators. As of now, Bitcoin is trading at $96,909. 2 replies
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