原文标题: Bitcoin analyst sees 'biggest bull cycle' with $45K now BTC price floor
Original author: William Suberg
Original source: https://cointelegraph.com
Compiled by: Mars Finance, Eason
Bitcoin Analyst Believes ‘Biggest Bull Cycle’ Is Coming, Expects $45,000 to Become BTC Price Floor Cryptocurrency entrepreneur Michaël van de Poppe says the bitcoin price will undergo some “final corrections” before entering a bull run that will last at least two years.
Bitcoin will undergo some “final corrections” before entering a bull run over the next two years, a bold new analysis predicts.
In his latest X-platform content, trader, analyst, and entrepreneur Michaël van de Poppe identified $53,000 as the next target for BTC price decline.
BTC Price Prediction: “Clear Upside Breakout” at $53,000
Few Bitcoin market observers are willing to publicly declare that six months of BTC price consolidation is over.
For Van de Poppe, however, the end of one of the most frustrating periods in Bitcoin’s history should already be imminent.
“Liquidity has been absorbed,#Bitcoinis back to $54,800,” he wrote on Sept. 7 regarding BTC/USD’s short-timeframe trend.
“The top of this rally is expected to be $55,500, then we could go back to $53,000 before a clear breakout to the upside. The final correction followed by a two-year bull run.”
BTC/USDT 4-hour chart. Source: Michaël van de Poppe/X
The day before, another post included a possible roadmap for recovery, provided no unexpected “incidents” derailed its progress.
Even a month after Bitcoin fell below $50,000 at a six-month low, traders are not convinced that lower lows won’t come. Pessimism in the crypto market persists despite favorable macroeconomic conditions on the horizon.
Van de Poppe acknowledged there were risks, saying stock markets were “running on a weak note.”
“The stock market is fragile in terms of liquidity, and there is a great rush to move money into these assets because of inflation concerns. This will soon reverse,” he predicted on Sept. 8.
Bitcoin vs. S&P 500 Replay 2019
However, there is a silver lining for Bitcoin — the likelihood of a major “crash” is low.
Instead, BTC/USD is replicating its 2019 behavior compared to the S&P 500, meaning it is only at the beginning of a long bull run, not the end.
“We can also see that a significant correction has occurred in the market, which may be about to end, just like the 2019 correction ended at $6,000, we may land in the $45,000-50,000 area for Bitcoin,” Van de Poppe concluded.
“From that perspective, with the Fed’s impending rate cuts, a weakening economy, and increased global liquidity from China, it seems almost inevitable that we are actually on the brink of the biggest bull market cycle ever.”
BTC/SPX 1-week chart. Source: Michaël van de Poppe/X
As Cointelegraph continues to report, on Sept. 18, the United States Federal Reserve will meet to decide on interest rate changes, with markets having long expected a 100% rate cut.
This will ultimately benefit cryptocurrencies and risk assets as lower interest rates encourage liquidity to enter the market.
As of the weekly close on Sept. 8, BTC/USD was trading around $54,000, according to data from Cointelegraph Markets Pro and TradingView.
BTC/USD 1-hour chart. Source: TradingView