Bitcoin (BTC) is expected to experience a bull run over the next two years after the recent correction. Analyst Michaël van de Poppe predicts the BTC price to fall to $53,000. Van de Poppe says that after this level, the price will break back upwards and a two-year bull market will begin.
As Bitcoin approaches the end of its six-month consolidation period, market watchers remain cautious. However, Van de Poppe sees BTC returning to $54,800 with liquidity issues resolved and could reach $55,500 in the short term.
Do you think Bitcoin can make these predictions come true? Share your thoughts in the comments.