Analyst Michaël Van De Poppe reveals the “final lower status” of Bitcoin (BTC) – here is his negative goal
Michaël Van De Poppist for Crypto explains a potential path for BTC, which is believed to be the basis for the next stage of the bull market.
The analyst informs his 777,600 followers on the X social media platform that aims to have feelings for encryption in a rise, indicating that the bottom part of correcting the current market is close.
According to the trader, the latest step of Bitcoin is less than $ 90,000 designer To take advantage of the convenience, purchase orders before igniting the following leg.
Bitcoin needs to take all liquidity.
This is what we are currently doing.
The final lower status? 83,000-87,000 dollars.
Then we must turn up.
Current feelings reach their climax on the negative side, so this is likely to be the case. “
On Monday, Bitcoin fell to its lowest level for three months at 86,141 dollars, which led to a $ 1.58 billion liquidation event.
At the time of this report, Bitcoin is traded for $ 8,8118.
Moving to Altcoin Market, Van De Poppe He says It monitors the Total3 scheme, which is the Alt index that follows the maximum market for all encryption assets except Bitcoin, ETHEREUM (ETH) and Stablecoins.
Van De Poppe says it will remain up in the Altcoin market as long as Total3 remains above the main support level.
“Altcoin’s market value looks good to continue up.
If it remains over 750 billion dollars, we can continue to move towards the next motivation. “
At the time of this report, Total3 is traded at $ 816.26 billion.
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