Analyst Announces Critical Level for Bitcoin: ATH Will Come If We Climb Above It!
Cryptocurrency analyst Michaël van de Poppe predicts that Bitcoin (BTC) could reach new all-time highs (ATH), but states that it needs to surpass a critical level for this.
Analyst Poppe claims in a post on Twitter that if Bitcoin makes a 2.25% jump from its current value, it could reach a new ATH in early September.
Van de Poppe made the following statements in his post:
Bitcoin is jumping upwards and is based on the last resistance, $62,000. If this level is broken, I think a new ATH will come in the next two weeks. I expect a positive flow in the data regarding the ETF. If Bitcoin exceeds $62,000, it will have reached its all-time high in less than two weeks.
According to the data, Bitcoin is currently trading at $61,050 and has seen a slight decline in the last 24 hours. The analyst also stated that if a significant resistance level for Ethereum (ETH) turns into support, an uptrend could occur in the altcoin market. He said that if ETH stays above $2,500, it could target $3,150.
Stay tuned for new information.
‼️‼️‼️‼️‼️‼️‼️‼️‼️
Friends Everyone who uses their voting rights by entering my profile earns $5 from the Binance prize pool and also gets a share of the $10,000 prize pool
