The crypto space’s time-tested trader is cautioning traders that Bitcoin may suffer extreme market troubled times during the next few months. Dave the Wave, a trader renowned for correct predictions, gives the signal to the approximately 139,400 Twitter followers. According to his comments, Bitcoin, based on the long-term yet removing market gyrating within the time velocity, is set to crash down to the lower boundary by the culmination of the year. Graphs and spreadsheets divulge that it is likely to rectify Bitcoin at around USD24,000 close to December 2023, representing a fall of 38 percent jotted from the highest rate of 2021. Aside from these comments, he highlighted to crypto investors that Bitcoin sustains a principal junction circumlocuting counteraction and support levels thereon planning it to be at the present price tag, hinting at a possible titan signpost movement. Currently, they circulate at a cost of around USD 29,571, but Bitcoin generally has encountered a unpretentious 0.7% increase in the active day.
