Dave The Wave: Bitcoin To $100K Early 2023
Dave the Wave is going against PlanB’s S-2-F and prediction of BTC to $100K by 2021 and believes 2023 is more likely. No matter when, I’m all in and going to patiently wait for take off:
Strategist Who Called One of Bitcoin’s Largest Crashes Predicts BTC Will Hit $100,000
The pseudonymous analyst who goes by the name Dave the Wave just released a new projection on where Bitcoin may be heading, which shows the leading cryptocurrency hitting the six-digit mark in early 2023.
If his chart plays out, Dave says it will invalidate PlanB’s hotly debated Bitcoin stock-to-flow (S2F) price model, which predicts that the flagship cryptocurrency will reach $100,000 in 2021. He says it’s important for traders to remain realistic and skeptical.
“To take BTC’s early years as normative for the market going ahead is unwarranted in my opinion. It’s like saying something like ‘the teething phenomenon’ will re-occur throughout life. Fact is, BTC is a maturing market.”