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Michael van de Poppe: Bitcoin uptrend remains intact despite risk-off move during FOMC speech

Michael van de Poppe: Bitcoin uptrend remains intact despite risk-off move during FOMC speech
Bitcoin uptrend holds through FOMC

Michael van de Poppe, industry influencer, comments on recent market action during the FOMC speech, describing a classic risk-off move.

He notes that Bitcoin has held its lower timeframe uptrend from a technical perspective and suggests continued strength as the market approaches the next FOMC event in May.

Other analysts have also monitored technical trends in digital assets. TweetAuthor noted that ARB maintained upward momentum even as the possibility of a correction remained. Separately, CryptoSqueeze suggested that ETH was nearing a breakout as it tested resistance at €2,070.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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