Bitcoin’s recent downturn has ignited fears of a potential crash in the cryptocurrency market. Despite the king of crypto experiencing a 36% correction, bringing its price to around $54,000, analysts, including Michael van de Poppe, argue that these concerns may be exaggerated. According to van de Poppe and other experts, current market conditions and key indicators suggest that a significant crash is unlikely and that Bitcoin might be poised for a recovery in the latter part of the year.·
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