Bitcoin is back in a bull market, with potential to hit $1 million per coin, says trader Michaël van de Poppe. However, he warns that this milestone might coincide with a broader debt crisis affecting all asset prices. Speaking at DKGcon 2024, van de Poppe noted that Bitcoin's cycle might extend to 2026, driven by central banks' money-printing policies. He also commented on the impact of a Trump presidency, suggesting short-term benefits for Bitcoin but potential mid-term challenges. Despite political shifts, Bitcoin's core value remains unchanged.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.