The famous market analyst Dave the Wave has just warned that Bitcoin (BTC) may be preparing to enter a short-term correction, although the long-term trend remains optimistic.

Dave the Wave predicts that Bitcoin (BTC) could drop to around the 96,000 USD mark, an important support level. However, instead of worrying, Dave sees this as a necessary setback for BTC to gain momentum for a stronger growth phase. He expects that if the market develops as predicted, Bitcoin could reach up to 160,000 USD.