Bitcoin Threatening To Revisit All-Time Highs As Market Anxiety Fades, Says Analyst – Here’s His Outlook

By: bitcoin ethereum news|2025/05/03 04:15:02

A closely followed crypto analyst says that Bitcoin (BTC) is gearing up to skyrocket as market sentiment improves. In a new thread, pseudonymous crypto trader Dave the Wave tells his 152,600 followers on the social media platform X that, due to its status as an alternative currency or a digital form of gold, the crypto king is showing resilience during times when many traders thought money would be flowing out of it. “A couple of months back, people were worried that the BTC market would be caught up in a general market panic and that money would fly to USD. Instead, we saw money fly away from the USD as well, and BTC is now pushing all-time highs. This is because BTC is an alternative currency/digital gold.” Dave the Wave goes on to say that if the top crypto asset by market cap has another week like the last one, it could shoot past its previous all-time high of about $109,000. According to the strategist’s chart, BTC should reach its all-time high sometime in June. The trader then says that by the end of the year, the flagship digital asset could hit a staggering price tag of $160,000, shattering its previous all-time high. Bitcoin is trading for $97,499 at time of writing, a fractional increase on the day. On April 20th, it was moving for just under $85,000. Follow us on X, Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Featured Image: Shutterstock/Panuwatccn/Vandathai Source: https://dailyhodl.com/2025/05/02/bitcoin-threatening-to-revisit-all-time-highs-as-market-anxiety-fades-says-analyst-heres-his-outlook/

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.