Dave the Wave: $90k Drop & $160k Surge Prediction

Dave The Wave Predicts Drop To $90.000 – Then On To $160.000?

19 May 2025 at 19: 14

Reading time: 2 minutes

Dave the Wave, a crypto analyst, has a remarkable view on the short-term movements of Bitcoin. He expects the price to correct to $90.000 first, before the cryptocurrency starts another impressive recovery. His final forecast? A sky-high price of $160.000. Although there is a clever scenario in which this correction does not occur, he estimates the chance of that to be small.

Bitcoin: The Fast Riser with Quiet Declines

In a recent newsletter, Dave the Wave shows that Bitcoin often rockets upwards, while corrections are more calm and moderate. It is fascinating to see how price breakouts sometimes occur every two weeks. This is the natural order of things: the price rises with the elevator, but for the declines we often choose the stairs.

Humans tend to be quick to seize opportunities when prices are rising, while many find it harder to jump ship when they’re falling. There’s often a quiet hope that the bull market will continue, which is understandable. In the case of Bitcoin, Dave the Wave seems to be advising his audience to remain patient, because the upper regions of $160.000 could be closer than we think.

Contrarian Thinking: The Key to Success

A key message that sticks with me is that sometimes you have to think contrarian. While the masses are swayed by the prevailing market sentiments, the contrarian sees opportunities in the usual market behaviors. At the moment we are experiencing a cautious decline, while many people are excited by the recent price increases, including the almost new all-time high of Bitcoin.

The reality of the numbers is that Bitcoin is currently trading at $103.269, which is still a long way from the $90.000 that Dave the Wave describes in his vision. The price movements are like a dance between hope and fear: spectacular to watch, and sometimes just as fun as the surprising news that you never expected.

Frequently Asked Questions

What does Dave the Wave expect from Bitcoin in the short term?
Dave the Wave predicts a correction to $90.000, followed by an upward move to $160.000.

Why is it important to think contrarian in the crypto market?
Contrarian thinking helps to see opportunities in markets that are normally driven by mass emotions, which can lead to better decisions.

How does the current Bitcoin price compare to Dave the Wave's expectations?
Bitcoin is currently trading at $103.269, which is significantly above the $90.000 level Dave expects to allow for a correction.

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