Shocking Prediction from a Famous Analyst: Bitcoin (BTC) is ready to surge, but there are conditions!

Updated

June 2, 2025

Gambar Shocking Prediction from a Famous Analyst: Bitcoin (BTC) is ready to surge, but there are conditions!

Jakarta, Pintu News – An analyst known for his accurate predictions of Bitcoin’s peak in 2021 is back with a new analysis that promises a huge surge for the cryptocurrency. Although Bitcoin (BTC) is currently struggling to cross the $110,000 level, the analyst who goes by the pseudonym Dave the Wave has shared his deep insights with his followers on social media platform X.

MACD Indicator Shows Positive Signal

Dave the Wave monitors the moving average convergence divergence (MACD) indicator on the weekly chart of Bitcoin (BTC). This technical indicator is used to gauge the momentum and trend direction of an asset, as well as identify potential areas for trend reversal.

According to his analysis, the weekly MACD shows that Bitcoin (BTC) is bullish and poised to reach the diagonal resistance that has marked the top of the market since 2012. From the chart shared, Dave the Wave suggests that the MACD will rise to follow that diagonal resistance towards the end of the year, as the price of Bitcoin (BTC) rises to $160,000.

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Long and Short Term Projections

In the long-term analysis, Dave the Wave uses a monthly time frame which also supports a long-term bullish view on Bitcoin (BTC). “Bitcoin’s (BTC) monthly MACD is rising again…” he said, showing optimism for a continued uptrend.

However, in the short term, he predicts that Bitcoin (BTC) will drop to around $98,000, which could be a local bottom before triggering a new rise. According to him, consolidating the price below $100,000 before resuming the upswing is not a bad thing. This could be an opportunity for investors to strengthen their positions before the next wave of gains.

Market Reaction and Investment Implications

At the time of writing, Bitcoin (BTC) is trading at $104,348. This prediction could have a significant impact on market participants’ investment strategies. Investors may need to prepare strategies to anticipate possible short-term price drops, while also preparing for potential long-term increases.

An understanding of technical indicators such as MACD can be very useful in identifying the right time to buy or sell, especially in highly volatile markets such as cryptocurrencies.

Conclusion

Predictions from Dave the Wave provide a new perspective on the evolving dynamics of the Bitcoin (BTC) market. While there is potential for a short-term decline, the long-term outlook looks very promising. Investors and market watchers will continue to keep a close eye on key indicators and follow price developments to make informed investment decisions.

Also Read: Bitcoin in danger of weakening again? Bollinger Bands indicator gives this sign!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.