Crypto Analyst Predicts Bitcoin 400% Surge To $200,000, Here’s When

2023-12-4 13:55

Crypto analyst Dave the Wave has shared a bullish prediction for the flagship cryptocurrency, Bitcoin. He believes that the crypto token could rise to as high as $200,000 and even provided a timeframe using technical analysis.

When Bitcoin Will Hit $200,000

In a post shared on his X platform, Dave the Wave shared an accompanying chart that put Bitcoin’s price at $200,000 on December 1, 2025. Alongside this, he made known the fact that BTC’s moving average convergence divergence (MACD) indicator seems very bullish. 

The crypto analyst went on to give another scenario on how things could play out in terms of this price projection. According to him, Bitcoin hitting $200,000 could be front-run by a year, meaning that it could happen as soon as December 1, 2024. He noted that this could happen when most people are anticipating this price level. 

Dave the Wave had also earlier predicted that Bitcoin could hit a new all-time high before the year ran out. Based on the chart he shared then, he hinted that the BTC price could hit $69,000 this year. The crypto analyst doesn’t seem to have given up on that happening, as he recently shared an updated chart suggesting that Bitcoin could still hit that price level before 2024.

BTC Price Above $41,000

The flagship cryptocurrency broke above $41,000 to so much excitement from the crypto community. Bitcoin is on a run right now and many believe that it is only up from here on. The reason for this rally has so far been attributed partly to an imminent approval of a Spot Bitcoin ETF. Others believe that it is simply because the Bitcoin Halving is around the corner.

Whatever the reason is, what is most obvious is the significant amount of investors trooping into the crypto market right now, with Bitcoin in particular. Two weeks ago, BTC saw inflows totaling US$312m, bringing its year-to-date inflows to just over US$1.5 billion. Liquidity is also flowing into the ecosystem of other tokens like Ethereum, XRP, Solana, Cardano, and BNB. 

With Bitcoin above $40,000, Dave the Wave seems more optimistic than ever. In one of his most recent X posts, he mentioned that BTC could go “parabolic” if it breaks the upward channel. From the chart he shared, $44,000 seems to be the next stop for the flagship cryptocurrency. 

At the time of writing, Bitcoin is trading at around $41,400, up by over 5% in the last 24 hours according to data from CoinMarketCap. 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto 200 analyst bitcoin could rise high

Источник: newsbtc.com

crypto 200 → Результатов: 126


Exposing A Crypto Heist: Fake Skype App Linked To Loss Of 200,000 USDT

Cybersecurity firm SlowMist reported on a new vector targeting crypto and Web3 users. This scam, which led to the theft of funds from an unsuspecting victim who downloaded the app from the internet, highlights the growing sophistication of cybercriminals targeting not just wallets and exchanges but also widely used social media apps. Related Reading: Crypto […]

2023-11-13 20:00


Solo Bitcoin Miner Snags $200,000 Block Reward, How Did They Do It?

A solo Bitcoin miner has struck gold after successfully claiming a $200,000 block reward. The considerable achievement has captured the attention of fellow miners and crypto enthusiasts, highlighting the potential for lone miners to effectively compete with larger mining operations  Lone Bitcoin Miner Hits Jackpot On October 28, a software engineer of Bitcoin CGMiner and an admin of Solo Ckpool, Dr.

2023-10-31 22:00


Crypto Resurgence Triggers $200 Billion Loss In ‘Magnificent Seven’ Tech Shares

The crypto market is currently experiencing a significant upswing, with cryptocurrencies collectively gaining $1.3 trillion in market capitalization over the past week. This surge in enthusiasm for digital assets coincides with the imminent approval of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States, providing a major boost to the entire crypto ecosystem. As […]

2023-10-26 14:30


Фото:

Crypto Aid Israel brings in $185k in donations for humanitarian relief despite phishing attack

Crypto Aid Israel, an emergency relief fund created to support Israeli victims of Hamas terrorism, has received over $185,000 in donations despite suffering a phishing attack. In an Oct. 19 statement shared with CryptoSlate, Crypto Aid Israel said it had completed two rounds of aid distribution of 200,000 NIS, around $49,000, to various organizations spearheading the […] The post Crypto Aid Israel brings in $185k in donations for humanitarian relief despite phishing attack appeared first on CryptoSlate.

2023-10-19 20:00


Фото:

U.S. Government Among Top Bitcoin Hodlers With Stash Valued At A Staggering $5.3 Billion

From the heightened federal crackdown on the crypto industry, it might appear the U. S. government cannot stand crypto assets. Yet there is a love-hate relationship: the federal government holds more than 200,000 Bitcoin worth over $5 billion despite offloading a few thousand BTC worth millions earlier this year.

2023-10-17 17:54


Mammoth $200M Bitcoin single-day inflow to exchanges mirrors key 2023 moments

Quick Take Yesterday, Oct. 11, exchanges noted an inflow of around 8,000 Bitcoins, equating to approximately $200 million, signaling a significant shift in crypto market dynamics. Most of these transactions ranged from $1M to $10M, suggesting that ‘whales’ or large-scale investors were likely active, particularly as Bitcoin’s price fell below $27,000.

2023-10-12 14:30


$200 Million In Crypto Lost As Mixin Network Comes Under Attack

Decentralized finance peer-to-peer service Mixin network, experienced an attack on Saturday, September 23, 2023, leading to $200 million worth of crypto funds lost as a result of the attack. $200 Million In Crypto Lost In The Attack The decentralized finance (DeFi) network Mixin network revealed that the attack was caused by a compromise in the network’s cloud service provider database.

2023-9-26 22:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

OpenSea Teases OCEAN Token Launch From New X Account

OpenSea's cryptic post about an "OCEAN" token has reignited optimism in the crypto world, signaling serious groundwork for a potential launch. The post OpenSea Teases OCEAN Token Launch From New X Account appeared first on BeInCrypto.

3 Meme Coins Set to Skyrocket Before Christmas, Analysts Predict

In the fast-paced world of cryptocurrency, 3 Meme Coins Set to Skyrocket Before Christmas stand out as quirky, community-driven assets, blending internet culture with high-risk, high-reward appeal. Each one is based on a different meme, cultural event, or humorous event that captures the attention of investors.