Bitcoin — $100K by the end of the year. Is BTC on the verge of a new boom?

The crypto analyst who had predicted BTC fall last year, made some updates to his analysis. Now he claims we would pay $100K for one BTC.

Bitcoin is ready for intense growth

A crypto analyst considers that the asset will be worth $100 000. He also underlines its low volatility.

A well known trader and analyst Dave Wave told his 33 000 subscribers on Twitter that Bitcoin is ready for the next breakout.

The crypto volatility demonstrates historic low level. Low volatility is a sign of that BTC trading range is on the lowest level over the four-year period.

Narrowing of the trading range supposes that the new movement is already on the horizon. The only question is, in which direction.

Dave believes that BTC will break this long-term borders. According to the expert, the asset will bring its ATH of $20K next year, and then the “mania phase” will start and we will be ready to pay up to $100 000 for 1 BTC in 2022.