Degen

Dave the Wave, a popular social media cryptocurrency analyst and strategist who predicted a Bitcoin market crash in 2021, believes the cryptocurrency is still on track to reach new highs this year.

The pseudonymous analyst tells his followers on Platform X that Bitcoin is poised to repeat its late 2023-early 2024 rally, during which it gained about 180%.

He predicts that Bitcoin will reach $200,000 by November of this year. Despite the uncertain macroeconomic conditions, the analyst says that investors will turn to Bitcoin as a safe haven.

He also stated that he will maintain his bullish view as long as the price of Bitcoin remains above $74,000.