Bitcoin Prediction: BTC Targets $540k

Another bullish prediction about the price of Bitcoin pops up. Today, the crypto market looks great, and Bitcoin is trading in the green, just like most of the digital assets.

At the moment of writing this article, BTC is priced at $10,846.43.

Bitcoin to hit $540k

It’s been revealed that the pseudonymous trader who made the accurate call that BTC will fall by more than 40% back in 2019 is back with another prediction. Now, he is saying that Bitcoin may be on a long-term path to $540,000.

According to the latest news coming from the Daily Hodl, Dave the Wave is relying on a chart shared by on-chain market analyst Willy Woo in order to illustrate that Bitcoin is in its early days of adoption,


Dave believes that Bitcoin’s growth in terms of market share is just getting started.

Dave predicts that Bitcoin’s value will go straight to $540k in the next decade.

He continued and said: “2/ Without these criteria, you may only ever have people saying ‘it’s only a model,’ even as its previous price predictions fail to materialize. In that case, you may as well say ‘number go up.’ Here are the criteria from the founder himself. It gives s2f another year…”

We recommend that you check out the complete thread in order to learn everything that he had to say.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

2486 Articles

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BitStarz

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