Michael van de Poppe, a well-known figure in the culture and finance sectors, asserts that the resurgence of Bitcoin (BTC) $93,951 and altcoins is only a matter of time. In his statements on the social media platform X, he indicated that Bitcoin and altcoins are approaching their local bottom, setting the stage for a potential upward trend.
Bitcoin’s Potential
According to van de Poppe, after the market correction ends, cryptocurrencies are expected to enter a new bullish phase. He noted that Bitcoin currently offers an ideal entry point for long positions around the $90,000 mark, a price range they seem to be approaching.
He predicts that following the election in the United States, Donald Trump’s presidency may strengthen Bitcoin’s performance significantly. In his analysis, he expects to see some downward momentum leading up to Trump’s presidency, followed by a notable upward reversal.
Projections for Cardano
Van de Poppe also highlighted that the popular Layer-1 platform Cardano
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