Analyst Michaël van de Poppe Unveils ‘Ultimate Bottom Case’ for Bitcoin (BTC) – Here’s His Downside Target

Analyst Michaël van de Poppe Unveils ‘Ultimate Bottom Case’ for Bitcoin (BTC) – Here’s His Downside Target

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MichaëL DE POPPE MichaëL DE POPPE determines a possible path for Bitcoin (BTCHe believes that he will lay the basis for the next stage of the bull market.

An analyst informs his 777,600 followers on the social media platform X that the hypothetical feelings of encryption are at the highest level, indicating that the bottom part of the current market correction 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. “

Source: michaël van de POPE/X

On Monday, Bitcoin fell to the lowest level in three months at 86,141 dollars, Operation Filtering 1.58 billion dollars.

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 tracks 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. “

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Source: michaël van de POPE/X

At the time of this report, Total3 is traded at $ 816.26 billion.

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