{"id":12171,"date":"2025-02-09T21:01:35","date_gmt":"2025-02-09T21:01:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12171"},"modified":"2025-02-09T21:01:35","modified_gmt":"2025-02-09T21:01:35","slug":"analyst-who-nailed-2021-crypto-collapse-now-says-worst-of-bitcoin-could-come-in-next-few-weeks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12171","title":{"rendered":"Analyst Who Nailed 2021 Crypto Collapse Now Says Worst Of Bitcoin Could Come In Next Few Weeks"},"content":{"rendered":"<div>\n<p>Crypto analyst who correctly foresaw the Bitcoin crash in May 2021, now foresees a significant downward correction for the cryptocurrenc<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42933328\/analyst-warns-of-bitcoins-uncertain-future-amid-key-support-breakdown-it-could-get-ugly\">y in the upcoming weeks.<\/a><\/p>\n<p><strong>What Happened<\/strong>: The pseudonymous analyst, Dave the Wave, predicts that <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) might replicate last year\u2019s pattern. In 2021, Bitcoin reached new highs around $74,000 before plummeting below $50,000. He anticipates the most severe BTC consolidation to take place by the end of March.<\/p>\n<p>According to Dave the Wave\u2019s chart, if BTC mimics last year\u2019s price action, it could\u00a0correct to the 0.382 Fibonacci\u00a0level, which is approximately $81,000. The Fibonacci extension tool is often used by traders to pinpoint\u00a0potential entry and exit points\u00a0based on the Fibonacci ratio.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" ...>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43581896\/analyst-who-nailed-2021-crypto-collapse-now-says-worst-of-bitcoin-could-come-in-next-few-w\" alt=\"Analyst\" who nailed crypto collapse now says worst of bitcoin could come in next few weeks>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst who correctly foresaw the Bitcoin crash in May 2021, now foresees a significant downward correction for the cryptocurrency in the upcoming weeks. What Happened: The pseudonymous analyst, Dave the Wave, predicts that Bitcoin (CRYPTO: BTC) might replicate last year\u2019s pattern. In 2021, Bitcoin reached new highs around $74,000 before plummeting below $50,000. He [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12171","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12171"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12171\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}