Famed Crypto Analyst Warns of Possible Deep Dive in Bitcoin and Market Value

Celebrated crypto analyst Michaël van de Poppe, followed closely by hundreds of thousands of investors, released his latest predictions on the market today. Despite the market turning upwards a few hours ago due to the ETF application news, investor appetite hasn’t yet met the expected level. Nevertheless, the leading cryptocurrency’s efforts to solidify its place above $25,500 is commendable. Renowned Crypto Guru’s Bitcoin Commentary Van de Poppe suggests that Bitcoin needs to see more demand and is losing supports one by one. The point of interest here is that the current outlook might indicate a deeper low. Here we go on Bitcoin. Sweeping lower levels. Seeing the reaction in the $25,000 area arouses great interest. Although Bitcoin dropped to as low as $24,800 after Van de Poppe’s post, it significantly recovered in the evening. The analyst’s view was that if the $24,500 area couldn’t be held, Bitcoin might want to […] The post Famed Crypto Analyst Warns of Possible Deep Dive in Bitcoin and Market Value appeared first on COINTURK NEWS.