Bitcoin Strategist Sees Potential Reversal Signal, Predicting Surge to $89K

Crypto analyst Dave the Wave predicts a potential bullish turnaround in Bitcoin (BTC), with a classic inverse head-and-shoulders pattern signaling a market bottom. He attributes this rally to expanding DeFi applications and increased institutional investment. According to his analysis, BTC’s current price structure resembles a possible inverse head-and-shoulders pattern, typically considered a bullish signal indicating buyers are starting to dominate sellers.