Cryptocurrency analyst Michael van de Poppe says Bitcoin could rise to a four-month high in the coming weeks as momentum continues to build across the cryptocurrency market.
In a mail On
“The accretion is really strong,” the analyst says.
In separate mailVan de Poppe says he sees no signs of exhaustion in Bitcoin’s current uptrend.
“I don’t see signs on Bitcoin of fatigue. Not at all,” he writes.
“It’s a gradual move up with continued momentum.”
According to the analyst, aggressive buying continues into every market pullback, suggesting that bullish sentiment remains intact unless Bitcoin fails to break through key resistance levels.
Van de Poppe says he believes bitcoin could rise to between $86,000 and $90,000 over the next two or three weeks while altcoins also begin to show renewed strength.
“That’s why I think the ‘buy the dip’ mentality is still here.”
Follow us on X, Facebook and cable
Never miss a beat – Subscribe Get email alerts delivered directly to your inbox
browse Hodel’s daily mix
 
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: mid-flight
