A crypto analyst who correctly called the Bitcoin’s collapse last year is predicting a Santa Claus rally for the king crypto (BTC).

The pseudonymous analyst Dave the Wave tells his 131,100 Twitter followers that Bitcoin looks poised to take out the horizontal resistance of an ascending triangle pattern.

“BTC Xmas rally on the cards…”

Dave the Wave also says that Bitcoin could ascend to $350,000 by December 2027 based on his logarithmic growth curve (LGC) model.

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