Top Crypto Analyst Sees Bitcoin “Consolidating Nicely” Before Breakout
- Bitcoin is consolidating ahead of a breakout towards a new all-time high.
- Price action around key levels will determine Bitcoin’s next movement.
- Dropping lower will create a liquidity spot for Bitcoin.
Bitcoin’s latest consolidation is attracting interest from top cryptocurrency analysts, with many watching for a move that could trigger a new all-time high. One such analyst, Michael van de Poppe, has highlighted the key price levels that he believes could trigger a massive breakout ahead of a retest of the $112,000 all-time high.
In his latest post on X, the renowned cryptocurrency analyst applied the 4-hour BTCUSD chart on TradingView to highlight the crucial levels and what he expects from Bitcoin in the future. Van…