Crypto expert Michaël van de Poppe says Bitcoin is bright.
In the list of documents on X, van de Poppe breaks down market jitters, highlights bullish trends and supports short-term technical indicators as signs that things aren’t going well.
“There’s no need to worry, the market is rapidly rising in Bitcoin.”
But despite his optimism, Poppe warns that Bitcoin may briefly halt the level of resistance.
“The critical resistance at $79K has a lot of sales/shorts needed. We’ll test it first, pull back a bit, get some momentum, then push to $86K…
Overall, the higher the Bitcoin, the higher the value of the coin. “
Poppe describes the current market segment as a positive combination within an uptrend.
“Consolidated time, but clearly on the upside. This means there is a lot of upside for Bitcoin in the $85,000 area…
Let’s expect this to happen in the next 2-3 weeks as it usually leaves the Nasdaq a bit low. “
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