Bitcoin Edging Toward Massive Breakout, According to Trader That Called May 2021 Collapse

A veteran trader who accurately predicted the May 2021 crypto collapse believes that Bitcoin (BTC) is on the verge of a massive breakout. Pseudonymous trader Dave the Wave shares a chart with his 146,400 followers on the social media platform X that shows Bitcoin may be forming a similar pattern from the last cycle right before an explosive rally. Looking at his monthly chart, the trader suggests that Bitcoin will test a long-term diagonal support that could act as a …