Dave the Wave: Bitcoin To Hit $500K; But Not Until 2029

Yesterday was PlanB with his S2F prediction that BTC will hit $100K by 2021; today we have Dave the Wave saying he believes we’ll see BTC hit $500K but not until 2029:

Crypto Analyst Who Accurately Called Bitcoin Collapse Predicts BTC Will Hit $500,000 – But Traders Shouldn’t Hold Their Breath

The pseudonymous analyst who goes by the name Dave the Wave predicts Bitcoin (BTC) will hit $500,000 – eventually.

Dave, a technical trader who correctly predicted Bitcoin’s collapse from $11,600 to $6,400 last year, is reacting to Tyler and Cameron Winklevoss’ recent Bitcoin analysis.

The twin brothers and co-founders of crypto exchange Gemini say Bitcoin is undervalued as long as it trades below $500,000, citing the likelihood of hyperinflation in the US that could drive Bitcoin as a safe-haven asset.

Full aricle here: https://dailyhodl.com/2020/09/03/crypto-analyst-who-accurately-called-bitcoin-collapse-predicts-btc-will-hit-500000-but-traders-shouldnt-hold-their-breath/

Master Asked on September 3, 2020 in Bitcoin.
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