2024

Bitcoin

The leading cryptocurrency, Bitcoin, fell below $61,000 with a sharp decline from $73,000 and then entered a consolidation phase.
While BTC generally moved horizontally during this process, a positive assessment came from experienced analyst Michael van de Poppe.
Poppe, who based his analysis on the weekly candle formation, said that he expected Bitcoin to test above $ 70,000 this week.
<blockquote>
 “Looking at the weekly candles across the markets, it looks like most altcoins have hit a relative bottom.
 “With great strength in altcoin markets, I think Bitcoin is likely to test $70,000 next week.”
</blockquote>
Poppe then pointed out that Bitcoin was still in a consolidation phase and said that BTC had a chance to make another test at its all-time high before the halving.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Looking at the weekly candles across the markets, it seems like we're relatively bottoming out for most of the <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a>.
 I think it's also likely Bitcoin tests $70K upcoming week, including a lot of strength on the altcoin markets.
 — Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1771996310591111630?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 24, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/will-the-rise-in-bitcoin-which-started-the-week-strong-continue-experienced-analyst-says-yes-points-to-this-week/" rel="noopener noreferrer nofollow">Will the rise in Bitcoin, which started the week strong, continue? Experienced Analyst Says "Yes", Points to This Week!</a>

Will the rise in Bitcoin, which started the week strong, continue? Experienced Analyst Says "Yes", Points to This Week!

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