A crypto analyst who anticipated the collapse of Bitcoin
BTC
in May 2021, and then predicted that the apex crypto would not reach $100,000 by the end of 2021, now says BTC is setting up to break above its all-time high later this year.
What Happened: The analyst who goes by the pseudonym “Dave the Wave” told his over 94,000 Twitter followers that even as Bitcoin dips below $40,000, it remains on track to reach $100,000 this year.
He says that the path to reach the lofty price target won’t be a smooth one, telling his followers they may need to withstand a drop to $25,000 before Bitcoin makes a run to six figures.
