Closely followed analyst Dave the Wave says evidence points toward Bitcoin (BTC) entering into a new bullish chapter as crucial long-term indicators flip green.

Looking at the longer term, the popular analyst says that another way to look at Bitcoin’s price performance is to price it in gold, rather than in US dollars. He posits that over the course of about 20 years, BTC could reach the same market cap of gold, implying about a 22X price increase.

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