Bitcoin expert Michaël van de Poppe is in a bullish mood for the coming weeks and months! The upcoming April halving marks the halving, and Van de Poppe predicts that BTC will rise ahead of this important event.
Addressing his followers, Van de Poppe also claims that even if BTC falls below $ 41,000, it has the potential to reach $ 300,000 with a jump of over 630%. According to its charts, it is poised to climb near $45,500 and then dive just below $40,000.
How Will Bitcoin ETF Approval in the USA Affect Bitcoin Price?
For BTC, which is currently traded at $42,830 in global markets, Van de Poppe believes that the approval of spot Bitcoin exchange-traded funds (ETFs) in the USA will have a positive impact in the long term.
“Bitcoin ETF has generated negative returns since inception. But it saw net inflows of more than $600 million in the first few days. The real impact of this ETF will emerge over the next few years. A megatrick bull thing!”
Van de Poppe predicts that the suspected upcoming bull season will likely be the last “easy” cycle for BTC and other crypto assets.
“This cycle may last a little longer, go much higher than expected and change many lives. That's great, but time won't stay that way. Take your wife. Point."
