Analyst Sees Bitcoin Rebounding Above $43K, Potentially Surpassing $50K by Early 2024
• Analyst who predicted $38K bitcoin drop now sees above $43K as level for fresh bullish bets • Bullish view based on Elliot Wave theory showing bitcoin in 5-wave pattern with recent drop as temporary wave 4 retracement • Wave 5 projected to take prices over $50K by end of Q1 2024 • Diminishing GBTC selling impact could catalyze move higher • Google allowing crypto ETF ads starting today a potential catalyst