The Daily Hodl 2025-05-02 19:55:39

Bitcoin Threatening To Revisit All-Time Highs As Market Anxiety Fades, Says Analyst – Here’s His Outlook

A closely followed crypto analyst says that Bitcoin ( BTC ) is gearing up to skyrocket as market sentiment improves. In a new thread, pseudonymous crypto trader Dave the Wave tells his 152,600 followers on the social media platform X that, due to its status as an alternative currency or a digital form of gold, the crypto king is showing resilience during times when many traders thought money would be flowing out of it. “A couple of months back, people were worried that the BTC market would be caught up in a general market panic and that money would fly to USD. Instead, we saw money fly away from the USD as well, and BTC is now pushing all-time highs. This is because BTC is an alternative currency/digital gold.” Source: Dave the Wave/X Dave the Wave goes on to say that if the top crypto asset by market cap has another week like the last one, it could shoot past its previous all-time high of about $109,000. According to the strategist’s chart, BTC should reach its all-time high sometime in June. The trader then says that by the end of the year, the flagship digital asset could hit a staggering price tag of $160,000, shattering its previous all-time high. Source: Dave the Wave/X Bitcoin is trading for $97,499 at time of writing, a fractional increase on the day. On April 20th, it was moving for just under $85,000. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Panuwatccn/Vandathai The post Bitcoin Threatening To Revisit All-Time Highs As Market Anxiety Fades, Says Analyst – Here’s His Outlook appeared first on The Daily Hodl .

Наиболее читаемые новости

$1.9 Million Target? XRP, SOLANA, BITCOIN, ET...
2025-05-03
AERGO’S 30% surge stuns the market – But will...
2025-05-03
Machine Learning Algorithm Predicts Ethereum...
2025-05-03
SUI Takes Bullish Turn, SOL Shows Strength; H...
2025-05-03
Could Ruvi AI (RUVI) Steal TRON’s (TRX) Spotl...
2025-05-03
Cardano Gets Ready For A Comeback But These 2...
2025-05-03
UK Gets First Look at Google Wallet’s New ZKP...
2025-05-03
Undervalued Altcoins to Watch in May 2025: Wh...
2025-05-03

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения