Bitcoin Correction Predicted Prior to Record-Breaking High - Analyst Presents Prediction
Crypto analyst Dave the Wave, known for his accurate market predictions, including the 2021 crypto market meltdown, has suggested that Bitcoin could correct and then rally before hitting new all-time highs. The analyst, with over 153,500 followers on social media platform X, expects Bitcoin to dip to around $90,000 before it shoots up to approximately $160,000 by September 2025.
Dave the Wave explains in his newsletter that Bitcoin typically surges rapidly while corrections take place over an extended period. These consolidations can create negative sentiment, but they offer opportunities for contrarian investors.
At the time of writing, Bitcoin is trading at $103,105. Investors should be aware that cryptocurrency investments carry high risks and are not investment advice.
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Cryptocurrency analyst Dave the Wave, with a following of over 153,500 on social media platform X, suggests investing in Bitcoin during a potential dip, as he predicts a rally that could reach approximately $160,000 by September 2025. The analyst also highlights that altcoins, digital currencies other than Bitcoin, could also provide opportunities for contrarian investors in the blockchain sector. However, investors should be aware that cryptocurrency investments carry high risks and are not investment advice.
