Bitcoin Predicted to Reach New All-Time Highs in 2023
- Analyst Dave the Wave predicts Bitcoin may exceed $200,000 by year-end using his logarithmic growth curve (LGC).
- Bitcoin has been out of the LGC “buy zone” since trading around $40,000.
- The recent rally reclaiming the $90,000 range supports Dave’s prediction.
- The weekly LMACD indicator remains above zero, indicating bullish trends since early 2023.
- Bitcoin is currently valued at $92,651, up 2.2% in the last 24 hours.
Dave the Wave’s analysis suggests Bitcoin could reach over $200,000 by year’s end, supported by current trading patterns and technical indicators like the LMACD. Bitcoin’s value recently surpassed $90,000, further aligning with this forecast.
Source (2.6)https://dailyhodl.com/2025/04/24/bitcoin-on-track-for-massive-end-of-year-fireworks-according-to-trader-who-called-2021-market-collapse/?rand=59076