Crypto Trader Michaël van de Poppe Says Bitcoin on Cusp of Breakout, Updates Outlook on Ethereum and Bittensor
Analyst and trader Michaël van de Poppe is offering his outlook on Bitcoin (BTC) and two other crypto assets amid a market recovery.
Van de Poppe tells his 791,900 followers on the social media platform X that Bitcoin is in the first phase of consolidation after breaking out from the $106,500 price level.
According to the widely followed analyst, the first consolidation phase is likely to last a couple of days.
“Then, we’re going to have the next breakout above the all-time high.
Ideal zone to buy? I would estimate around $107,000 – $108,000.
Buy the dip season.”
Bitcoin is trading at $109,325 at time of writing.
Next up is Ethereum (ETH). According to Van de Poppe, Ethereum is…
