A leading cryptocurrency expert, known as Dave the Wave, predicts a substantial increase in Bitcoin’s value. Despite recent struggles to reach the $110,000 threshold, Dave the Wave expresses confidence in Bitcoin’s potential for significant upward movement. This optimism is fueled by positive signals from technical analysis, specifically the MACD indicator. The MACD (Moving Average Convergence Divergence) indicator evaluates momentum and trend directions and indicates a nearing cross-resistance zone on Bitcoin’s weekly MACD, which historically signals market peaks. Dave the Wave predicts a potential rally towards $160,000 by year-end fueled by strong MACD signals. This bullish signal could further enhance Bitcoin’s price surge.