Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

2025-05-21

Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Trader Who Called the Crypto Collapse of 2021 Says Bitcoin Is in Official Bull Market Territory – Here’s Why
Analysis

Trader Who Called the Crypto Collapse of 2021 Says Bitcoin Is in Official Bull Market Territory – Here’s Why

2023-11-02No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A trader who accurately called Bitcoin’s (BTC) crash in May 2021 believes the king crypto has just officially entered a bull market.

Pseudonymous analyst Dave the Wave tells According to its 140,900 followers on social media platform

The MACD is a momentum indicator that can signal the reversal of an asset’s trend.

“BTC monthly MACD now crosses the zero line into official bull territory.”

Image
Source: Dave the Wave/X

Dave the Golf say that traditional finance investors will increasingly invest in Bitcoin as a safe haven against uncertain macroeconomic conditions, similar to how gold is traditionally perceived.

He predicts that institutional investment in Bitcoin will increase BTC’s market capitalization to as much as $20 trillion in the coming decades, an increase of more than 3,000% from its current value.

“Yes, digital gold will function just like gold (macro insurance) for big money. This is what I mean by the capitalization of BTC, where it will approach the market cap of gold…

By a conservative estimate (for institutional money) on track and still a long way to go before BTC starts comparing to the gold market cap of 13 trillion (currently).”

Image
Source: Dave the Wave/X

Bitcoin, with a market cap of $672 billion, is trading at $34,414 at the time of writing.

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

follow us on Tweet, Facebook And Telegram

Surf to the Daily Hodl mix

Generated image: Midjourney



Source link

See also  SEC will announce four round table events in 2025 for Task Force to discuss Crypto Asset Regulation
Bitcoin Bull Called Collapse Crypto Heres market official Territory trader
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Texas Bitcoin Reserve Bill knew the most important legislative obstacles, waiting for the final vote

2025-05-21

XRP – Price coil for an outbreak – is the next leg on hands?

2025-05-21

Russia plans to intervene Crypto in new action against local payments

2025-05-21
Add A Comment

Comments are closed.

Top Posts

Crypto Bridge LayerZero connects to Solana Blockchain

2024-05-31

Cosmos Dives Below $9.4, Can the Bulls Recover?

2023-07-06

Ripple Calls for Investigation of Former SEC Director Amid Controversy

2023-06-14
Editors Picks

Crypto – Gold on Edge: Will Trump’s rates cause a Bitcoin sale?

2025-02-12

BONK is struggling to maintain profits as selling pressure increases

2024-12-13

Bloomberg analyst Mike McGlone very bullish on Bitcoin – but warns crypto assets will ‘suffer’ if this happens

2023-04-29

Grayscale’s Bitcoin ETF Shift Could Cause $2.7 Billion Outflows: JPMorgan

2023-11-24
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Top reasons why Bitcoin price today, May 21, came in new ATH

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,983.930.71%
  • ethereumEthereum(ETH)$2,488.94-0.16%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.360.47%
  • binancecoinBNB(BNB)$670.073.52%
  • solanaSolana(SOL)$168.100.52%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2268611.89%
  • cardanoCardano(ADA)$0.762.59%
  • tronTRON(TRX)$0.267182-2.45%
  • suiSui(SUI)$3.88-0.02%
  • chainlinkChainlink(LINK)$15.781.40%
  • avalanche-2Avalanche(AVAX)$22.722.41%
  • hyperliquidHyperliquid(HYPE)$27.355.41%
  • stellarStellar(XLM)$0.2894901.78%
  • shiba-inuShiba Inu(SHIB)$0.0000150.97%
  • hedera-hashgraphHedera(HBAR)$0.1946900.52%
  • unus-sed-leoUNUS SED LEO(LEO)$8.820.71%
  • bitcoin-cashBitcoin Cash(BCH)$401.963.04%
  • the-open-networkToncoin(TON)$3.06-0.38%
  • polkadotPolkadot(DOT)$4.691.44%
  • litecoinLitecoin(LTC)$95.461.19%
  • moneroMonero(XMR)$372.747.66%
  • bitget-tokenBitget Token(BGB)$5.190.78%
  • piPi(PI)$0.819.83%
  • pepePepe(PEPE)$0.0000130.57%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.104.95%
  • bittensorBittensor(TAO)$431.534.34%
  • aaveAave(AAVE)$247.73-5.36%
  • nearNEAR Protocol(NEAR)$2.812.63%
  • aptosAptos(APT)$5.192.20%
  • okbOKB(OKB)$52.110.27%
  • ondo-financeOndo(ONDO)$0.961.97%
  • kaspaKaspa(KAS)$0.1111172.53%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.206.90%
  • ethereum-classicEthereum Classic(ETC)$18.602.10%
  • internet-computerInternet Computer(ICP)$5.251.47%
  • gatechain-tokenGateToken(GT)$21.611.41%
  • crypto-com-chainCronos(CRO)$0.0963210.33%
  • mantleMantle(MNT)$0.74-1.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2362972.34%
  • vechainVeChain(VET)$0.0283191.91%
  • render-tokenRender(RENDER)$4.692.11%
  • ethenaEthena(ENA)$0.3902625.45%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • arbitrumArbitrum(ARB)$0.3995192.51%
  • algorandAlgorand(ALGO)$0.2255422.00%
  • filecoinFilecoin(FIL)$2.882.19%
  • bitcoinBitcoin(BTC)$106,983.930.71%
  • ethereumEthereum(ETH)$2,488.94-0.16%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.360.47%
  • binancecoinBNB(BNB)$670.073.52%
  • solanaSolana(SOL)$168.100.52%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2268611.89%
  • cardanoCardano(ADA)$0.762.59%
  • tronTRON(TRX)$0.267182-2.45%
  • suiSui(SUI)$3.88-0.02%
  • chainlinkChainlink(LINK)$15.781.40%
  • avalanche-2Avalanche(AVAX)$22.722.41%
  • hyperliquidHyperliquid(HYPE)$27.355.41%
  • stellarStellar(XLM)$0.2894901.78%
  • shiba-inuShiba Inu(SHIB)$0.0000150.97%
  • hedera-hashgraphHedera(HBAR)$0.1946900.52%
  • unus-sed-leoUNUS SED LEO(LEO)$8.820.71%
  • bitcoin-cashBitcoin Cash(BCH)$401.963.04%
  • the-open-networkToncoin(TON)$3.06-0.38%
  • polkadotPolkadot(DOT)$4.691.44%
  • litecoinLitecoin(LTC)$95.461.19%
  • moneroMonero(XMR)$372.747.66%
  • bitget-tokenBitget Token(BGB)$5.190.78%
  • piPi(PI)$0.819.83%
  • pepePepe(PEPE)$0.0000130.57%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.104.95%
  • bittensorBittensor(TAO)$431.534.34%
  • aaveAave(AAVE)$247.73-5.36%
  • nearNEAR Protocol(NEAR)$2.812.63%
  • aptosAptos(APT)$5.192.20%
  • okbOKB(OKB)$52.110.27%
  • ondo-financeOndo(ONDO)$0.961.97%
  • kaspaKaspa(KAS)$0.1111172.53%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.206.90%
  • ethereum-classicEthereum Classic(ETC)$18.602.10%
  • internet-computerInternet Computer(ICP)$5.251.47%
  • gatechain-tokenGateToken(GT)$21.611.41%
  • crypto-com-chainCronos(CRO)$0.0963210.33%
  • mantleMantle(MNT)$0.74-1.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2362972.34%
  • vechainVeChain(VET)$0.0283191.91%
  • render-tokenRender(RENDER)$4.692.11%
  • ethenaEthena(ENA)$0.3902625.45%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • arbitrumArbitrum(ARB)$0.3995192.51%
  • algorandAlgorand(ALGO)$0.2255422.00%
  • filecoinFilecoin(FIL)$2.882.19%