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.