Michael van de Poppe discusses Bitcoin's consolidation and future prospects

In the volatile world of cryptocurrency, market analysts closely watch Bitcoin's current consolidation phase.
Michael van de Poppe, a prominent crypto analyst, recently shared his insights on Bitcoin's status via Twitter. He suggested that Bitcoin is still consolidating at the lower end of its range. Van de Poppe believes that as Bitcoin approaches the lower boundaries, it may be an opportune moment for investors to act. Despite market volatility, he doesn't foresee a significant correction of 30-40% in the near term.
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In the previous news, author Michael van de Poppe discussed potential bullish patterns forming in various cryptocurrencies, suggesting that market trends may be shifting towards increased buying pressure.