**Bitcoin Set for Final Corrections Before Bull Run, Analyst Predicts**

Bitcoin (BTC) may be gearing up for a significant bull run after some final price corrections, according to trader and analyst Michaël van de Poppe. He forecasts a dip to $53,000 before BTC breaks upwards, potentially marking the end of a six-month price consolidation.

Van de Poppe suggests that despite the current market gloom, Bitcoin is mirroring its 2019 behavior, hinting at the start of a long-term bull market. He also notes that upcoming Federal Reserve rate cuts and increased global liquidity could fuel this bullish trend.

BTC/USD hovered around $54,000 as of the latest weekly close.