According To Analyst BTC Will Explode 70% Before “Very Fast” Reversal

Popular cryptocurrency analyst and trader Michaël van de Poppe is changing his Bitcoin (BTC) prognosis.
In a recent video, Van de Poppe warns his 163,000 YouTube viewers that Bitcoin may trade in a range before rising to $40,000.
The prominent cryptocurrency analyst and trader predicts that most Bitcoin investors and traders would finish their holdings in Q2 2023 at $37,000 to $40,000.
“I think that the take profit price will start to take place around $29,000 and most likely $37,000 to $40,000. I think that this entire run, and now we’ve got the sideways period which can just last for a few weeks before you can start running again, this run towards $37,000 to $40,000 is most likely going to take place in Q2.”

At $22,709, Bitcoin’s $37,000–$40,000 objective would be a 70% rise. Van de Poppe predicts a major trend reversal before the bull cycle and price action begin.
“And then we have another very fast correction taking place before the entire bull cycle starts to take off.”
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