Analyst Who Called May 2021 Bitcoin Crash Says BTC Can Absorb Most Horrendous News
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The crypto strategist who accurately predicted Bitcoin’s collapse last year believes BTC can handle even the most unfavorable developments. Pseudonymous analyst Dave the Wave tells his 130,200 Twitter followers that crypto markets are facing a huge loss of public credibility after crypto exchange FTX filed for bankruptcy. However, the analyst also reminds his followers that Bitcoin has managed to stay on a long-term uptrend even in the face of death knells in the past. “One positive is the speculative instinct has a short memory and tends to dominate in now fearful now greedy markets.
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