Analyst Predicts Bitcoin Rally Above $150K in 2024

Analyst Predicts Bitcoin Rally Above $150K in 2024
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A pseudonymous analyst who accurately called the end of the 2021 crypto bull market now predicts Bitcoin could surge past $150,000 this year. Dave the Wave highlights a bullish continuation pattern on BTC’s weekly chart, signaling potential for a breakout.

  • Dave the Wave predicts Bitcoin could surpass $150,000 in 2024, citing a bullish 'cup and handle' pattern.
  • The analyst contrasts current market stability with past cycles, noting BTC's price sustainability at elevated levels.
  • Bitcoin's two-year uptrend is supported by consolidation phases, laying the foundation for new all-time highs.
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