{"id":563767,"date":"2023-12-04T10:55:45","date_gmt":"2023-12-04T10:55:45","guid":{"rendered":"https:\/\/wncen.com\/?p=563767"},"modified":"2024-06-11T06:56:45","modified_gmt":"2024-06-11T06:56:45","slug":"bitcoin-400-surge-to-200000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-400-surge-to-200000\/","title":{"rendered":"Crypto Analyst Predicts Bitcoin 400% Surge To $200,000, Here\u2019s When"},"content":{"rendered":"

Crypto analyst Dave the Wave<\/span><\/a> has shared a bullish prediction for the <\/span>flagship cryptocurrency, Bitcoin<\/span><\/a>. He believes that the crypto token could rise to as high as $200,000 and even provided a timeframe using technical analysis.<\/span><\/p>\n

When Bitcoin Will Hit $200,000<\/h2>\n

In a <\/span>post<\/span><\/a> shared on his X platform, Dave the Wave shared an accompanying chart that put <\/span>Bitcoin\u2019s price<\/span><\/a> at $200,000 on December 1, 2025. Alongside this, he made known the fact that BTC’s <\/span>moving average convergence divergence<\/span><\/a> (MACD) indicator seems very bullish.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Price Rallies To 4-Month Highs \u2013 Can Bulls Take It Above $0.3?<\/a><\/div>\n

The crypto analyst went on to give another scenario on how things could play out in terms of this price projection. According to him, <\/span>Bitcoin hitting $200,000<\/span><\/a> could be front-run by a year, meaning that it could happen as soon as December 1, 2024. He noted that this could happen when most people are anticipating this price level.\u00a0<\/span><\/p>\n

Dave the Wave had also earlier predicted that <\/span>Bitcoin<\/span> could hit a new all-time high before the year ran out. Based on the chart he shared then, he hinted that the BTC price could hit $69,000 this year. The crypto analyst doesn\u2019t seem to have given up on that happening, as he recently shared an <\/span>updated chart<\/span><\/a> suggesting that Bitcoin could still hit that price level before 2024.<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price clears $41,000 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
BTC Price Above $41,000<\/h2>\n
The flagship cryptocurrency broke above $41,000 to so much excitement from the crypto community. Bitcoin is on a <\/span>run right now<\/span><\/a> and many believe that it is only up from here on. The reason for this rally has so far been attributed partly to an <\/span>imminent approval<\/span><\/a> of a <\/span>Spot Bitcoin ETF<\/span><\/a>. Others believe that it is simply because the <\/span>Bitcoin Halving is around the corner<\/span><\/a>.<\/span><\/p>\n
Related Reading: XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move<\/a><\/div>\n
Whatever the reason is, what is most obvious is the significant amount of investors trooping into the crypto market right now, with Bitcoin in particular. Two weeks ago, BTC <\/span>saw<\/span><\/a> inflows totaling US$312m, bringing its year-to-date inflows to just over US$1.5 billion. Liquidity is also flowing into the ecosystem of other tokens like Ethereum, XRP, Solana, Cardano, and BNB.\u00a0<\/span><\/p>\n
With Bitcoin above $40,000, Dave the Wave seems more optimistic than ever. In one of his most recent X posts, he <\/span>mentioned<\/span><\/a> that BTC could go \u201cparabolic\u201d if it breaks the upward channel. From the chart he shared, $44,000 seems to be the next stop for the flagship cryptocurrency.\u00a0<\/span><\/p>\n
At the time of writing, Bitcoin is trading at around $41,400, up by over 5% in the last 24 hours according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n
Featured image from Decrypt, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Dave the Wave has shared a bullish prediction for the flagship cryptocurrency, Bitcoin. He believes that the crypto token could rise to as high as $200,000 and even provided a timeframe using technical analysis. When Bitcoin Will Hit $200,000 In a post shared on his X platform, Dave the Wave shared an accompanying chart that put Bitcoin\u2019s price at $200,000 on December 1, 2025. Alongside this, he made known the fact that BTC’s moving average convergence divergence (MACD) indicator seems very bullish.\u00a0 Related Reading: Dogecoin Price Rallies To 4-Month Highs \u2013 Can Bulls Take It Above $0.3? The crypto analyst went on to give another scenario on how things could play out in terms of this price projection. According to him, Bitcoin hitting $200,000 could be front-run by a year, meaning that it could happen as soon as December 1, 2024. He noted that this could happen when most people are anticipating this price level.\u00a0 Dave the Wave had also earlier predicted that Bitcoin could hit a new all-time high before the year ran out. Based on the chart he shared then, he hinted that the BTC price could hit $69,000 this year. The crypto analyst doesn\u2019t seem to have given up on that happening, as he recently shared an updated chart suggesting that Bitcoin could still hit that price level before 2024. BTC price clears $41,000 | Source: BTCUSD on Tradingview.com BTC Price Above $41,000 The flagship cryptocurrency broke above $41,000 to so much excitement from the crypto community. Bitcoin is on a run right now and many believe that it is only up from here on. The reason for this rally has so far been attributed partly to an imminent approval of a Spot Bitcoin ETF. Others believe that it is simply because the Bitcoin Halving is around the corner. Related Reading: XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move Whatever the reason is, what is most obvious is the significant amount of investors trooping into the crypto market right now, with Bitcoin in particular. Two weeks ago, BTC saw inflows totaling US$312m, bringing its year-to-date inflows to just over US$1.5 billion. Liquidity is also flowing into the ecosystem of other tokens like Ethereum, XRP, Solana, Cardano, and BNB.\u00a0 With Bitcoin above $40,000, Dave the Wave seems more optimistic than ever. In one of his most recent X posts, he mentioned that BTC could go \u201cparabolic\u201d if it breaks the upward channel. From the chart he shared, $44,000 seems to be the next stop for the flagship cryptocurrency.\u00a0 At the time of writing, Bitcoin is trading at around $41,400, up by over 5% in the last 24 hours according to data from CoinMarketCap.\u00a0 Featured image from Decrypt, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":563773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690],"class_list":["post-563767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nCrypto Analyst 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Predicts Bitcoin 400% Surge To $200,000, Here\u2019s When","url":"http:\/\/wncen.com\/news\/bitcoin-400-surge-to-200000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-400-surge-to-200000\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Bitcoin-200000-Small.jpeg?resize=200%2C180","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Bitcoin-200000-Small.jpeg?fit=320%2C180"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt","crypto","crypto analyst","crypto news"],"dateCreated":"2023-12-04T10:55:45Z","datePublished":"2023-12-04T10:55:45Z","dateModified":"2024-06-11T06:56:45Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Predicts Bitcoin 400% Surge To $200,000, Here\\u2019s When\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-400-surge-to-200000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-400-surge-to-200000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Bitcoin-200000-Small.jpeg?resize=200%2C180\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Bitcoin-200000-Small.jpeg?fit=320%2C180\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2023-12-04T10:55:45Z\",\"datePublished\":\"2023-12-04T10:55:45Z\",\"dateModified\":\"2024-06-11T06:56:45Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Bitcoin-200000-Small.jpeg?fit=320%2C180","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/563767"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=563767"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/563767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/563773"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=563767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=563767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=563767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}