Analyst Who Called 2021 Bitcoin Crash Reveals BTC Price Target for This Year

Analyst Who Called 2021 Bitcoin Crash Reveals BTC Price Target for This Year


A crypto analyst known for calling the 2021 Bitcoin (BTC) collapse is laying out his 2023 price target for the top crypto asset.

The pseudonymous trader Dave the Wave tells his 133,600 Twitter followers that his target for the king crypto this year is above $40,000.

“A technical target of $42,000 this year to take BTC out of the ‘buy zone’…”

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Source: Dave The Wave/Twitter

Bitcoin is trading for $20,897 at time of writing. The top-ranked crypto asset by market cap is down 1.82% in the past 24 hours but up more than 19% in the past week. BTC remains nearly 70% down from its all-time high of more than $69,000, which it hit in November 2021.

Dave the Wave questions whether Bitcoin’s boom-and-bust cycles

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