Chart of the Day: Bitcoin Falls Back to the Line That Has Marked Every Cycle Bottom
Veteran chartist Dave the Wave posted a single, loaded caption to X on Friday — "#btc back to the 200 WMA…" — over a weekly Bitcoin chart that says more than the four words do. After the worst week of 2026, Bitcoin has fallen all the way back to its 200-week moving average, the long-term trendline (the green curve on his chart) currently sitting around $61,800.
Is Bitcoin Nearing a Cycle Bottom? What Dave the Wave’s Chart Is Signaling
Bitcoin's weekly close near $63,300 leaves it more than 50% below its October peak. The trend is still down — but one respected contrarian's chart argues the correction may be closer to its end than its beginning.
Was that the Silver Blow off Top?
Silver may be flashing an early warning for investors who’ve ridden the metals rally over the past several years. The top might be in. Is it over for silver?
Bitcoin Recovers From Inflation Dump, Veteran Traders Share Bullish Targets
Bitcoin recovered swiftly from Thursday's Inflation data dump, now high-profile analysts have shared bullish projections for the months ahead
Bitcoin’s Logarithmic Growth Curve – last model standing?
Dave the Wave is an investor, trader and technical analyst. A contrarian, Dave is respected on Crypto Twitter for his objective, rational approach to technical analysis. Dave’s thesis is that Bitcoin is following a Logarithmic Growth Curve model. Logarithmic growth suggests exponential gains at the beginning that slowly taper off towards a plateau in the long term.
Dave the Wave – Bitcoin & the Logarithmic Growth Curve
Dave the Wave is a pseudonymous investor, trader, and technical analyst. A contrarian, Dave is respected on Crypto Twitter for his objective, rational approach to technical analysis. Dave’s thesis is that Bitcoin is following his Logarithmic Growth Curve model. Logarithmic growth suggests exponential gains at the beginning that slowly taper off towards a plateau in the long term.
