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An experienced trader who correctly predicted the collapse of the crypto market in May 2021 stated that it is possible for Bitcoin (BTC) to quickly rise to the $150,000 level from $99,858.1 in the near future.
Senior crypto currency analyst Dave the Wave shared his latest predictions about the markets. According to the analyst, it would not be an extraordinary situation for BTC to rise by 55%. Based on the graphics he shared, he claimed that BTC is trading within an expanding channel and could reach around $150,000 by April.
The report published the other day contained speculation that Trump also wanted the BTC price to reach $150,000. Trump's son Eric said he aimed for $1 million.
The current state of Bitcoin and the dynamics in the market are increasing the trader's optimism towards altcoins. The decline of BTC.D could be an opportunity for investors to diversify their portfolios and turn to altcoins.
Investors are closely monitoring market movements, taking into account Dave the Wave's analyses. If Bitcoin reaches these levels, significant volatility is generally expected in the crypto market.
As a result, the possible future rise of Bitcoin and the expected increase in altcoins offer significant opportunities in the crypto market. It may be beneficial for investors to carefully monitor these trends and adjust their strategies accordingly.