Analyst who predicted bitcoin’s collapse in May 2021 names the date when the BTC will grow again

The analyst under the pseudonym «Dave the wave» is closely followed on Twitter, as he surprisingly accurately predicted the sharp decline in the value of the No. 1 cryptocurrency a year ago.

Dave now foresees a potential scenario in which bitcoin will fluctuate over the next year or so before hitting $ 70,000 around the end of 2023.

He also believes that BTC is capable of reaching a cycle peak of around $ 200,000 around May or June 2024, or about two years from now.

The analyst is confident that BTC is currently testing the bottom and trying to identify a support zone.