A widely followed crypto analyst says gold remains on track to reach new massive levels early this year.
Crypto market analyst Dave the Wave tells his 154,100 followers on
“Gold: Shorter-term target still on track.”
Gold is trading at $4,617 per ounce at the time of writing, up marginally on the day.
Dave de Golf too say that Bitcoin is about to leave a key resistance level at $94,337, potentially allowing the top crypto asset to regain the $100,000 level.
“A BTC breakout here would see a near-term target of $110,000, and back through that psychologically significant six-figure mark.”
Bitcoin is trading at $94,993 at the time of writing, up 3.4% in the past 24 hours.
Meanwhile, ETH is trading at $3,328 at the time of writing, up 6.4% on the day.
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Generated image: Midjourney