In the crypto currency market, experienced analyst Dave The Wave, who has attracted attention with Bitcoin’s summit and bottom levels in the past, predicts that BTC could reach $ 180,000 in this cycle. Analyst said that Bitcoin’s price is progressing steadily on the weekly Gaussian channel. Emphasizing that Gaussian channels are widely used to analyze price movements and determine the summit and the bottom points, Dave The Wave expects the BTC to reach its target price in December 2025. Here is the analyst’s Bitcoin estimation
New Bitcoin estimated from Dave The Wave
In the crypto money market, experienced analyst Dave The Wave, known for the correct estimation of Bitcoin’s peak and bottom levels in the past, believes that BTC can reach $ 180,000 in this cycle. Analyst said in a statement to 148,500 followers in the social media platform X, said the price of Bitcoin is progressing in a weekly Gaussian channel. Gaussian channels are a trend indicator used to determine the peaks and bottom points of the price. According to the graph shared by the analyst, BTC is expected to reach the target price of the Gaussian channel in December 2025, when the media line reached the summit.
Dave The Wave, Bitcoin’s recent harsh price fluctuations are usual for the market and BTC can continue to rise despite this volatility, he said. Analyst seems to have a new level of alarm in the market… After the last pump and dump movements… However, BTC graph can easily spend such fluctuations. ” he said.
BTC price is experiencing an increase
Bitcoin is traded for $ 91,650 during writing and has increased by about 5 %in the last 24 hours. Last week, Dave The Wave claimed that BTC was going through a process similar to the correction movement in August 2024. According to the analyst, the BTC had started a strong rise after it fell to the level of 0.382 fibonacci at that time. “A BTC Observation: We see 38 %correction of the upward movement, just like last time.” He said.
Traders determine the potential input and output points using the Fibonacci withdrawal tool. Dave The Wave said that a deep correction will prepare the floor of a rally that will reach $ 180,000 by the end of the year for Bitcoin.
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