Veteran trader Dave the Wave is predicting gold will soon hit a massive price target as the precious metal’s bull run continues. The pseudonymous trader tells his 152,100 followers on X that gold will likely hit $4,000 in the near term as he predicts a $7,000 price target in the coming years. The trader shares […] The post Gold About To Climax Into Massive Price Target, According to Trader That Called 2021 Market Cycle Top appeared first on The Daily Hodl.Veteran trader Dave the Wave is predicting gold will soon hit a massive price target as the precious metal’s bull run continues. The pseudonymous trader tells his 152,100 followers on X that gold will likely hit $4,000 in the near term as he predicts a $7,000 price target in the coming years. The trader shares […] The post Gold About To Climax Into Massive Price Target, According to Trader That Called 2021 Market Cycle Top appeared first on The Daily Hodl.
Gold About To Climax Into Massive Price Target, According to Trader That Called 2021 Market Cycle Top
Veteran trader Dave the Wave is predicting gold will soon hit a massive price target as the precious metal’s bull run continues.
The pseudonymous trader tells his 152,100 followers on X that gold will likely hit $4,000 in the near term as he predicts a $7,000 price target in the coming years.
The trader shares a monthly gold chart suggesting that the precious metal is in the midst of a steep uptrend.
“Gold/USD closing in on shorter-term target.”
Source: Dave the Wave/X
At time of writing, gold is trading for $3,856 per ounce.
Next up, the analyst says that Bitcoin (BTC) may be gearing up for an explosive breakout after entering a consolidation phase.
“People easily forget that BTC did a massive 64% move recently, from $74,000 to $123,000. TA (technical analysis) fixes this. This sideward ranging nearing the length of that move.”
Source: Dave the Wave/X
Dave the Wave also says that Bitcoin continues to trade within what he refers to as “logarithmic growth curves,” which aim to pinpoint the macro highs and lows of BTC market cycles while filtering for shorter-term volatility.
“BTC effectively tracking the one year moving average and consistent with the logarithmic growth curve – explosive gains early on then increasingly plateauing. Maturing market. The LGC same curves since 2018 and where price couldn’t currently be better placed.”
Source: Dave the Wave/X
Looking at his chart, the trader suggests that Bitcoin could potentially hit $400,000 around 2028.
Bitcoin is trading for $114,733 at time of writing, up marginally on the day.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Gold About To Climax Into Massive Price Target, According to Trader That Called 2021 Market Cycle Top appeared first on The Daily Hodl.
Market Opportunity
TOP Network Price(TOP)
$0.000096
$0.000096$0.000096
USD
TOP Network (TOP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise
The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Gold continues to hit new highs. How to invest in gold in the crypto market?
As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be
The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41