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Michael van de Poppe: Bitcoin key zones at $66K and $61K mark critical support
Michael van de Poppe highlights significant price zones for Bitcoin, focusing on areas around $66,000 and $61,000.
He notes that a move below $66,000 could prompt traders to consider long positions, with added attention on the $61,000 level, where the 200-week moving average serves as important support for the cryptocurrency.
Van de Poppe recently invested $10,000 in his altcoin portfolio as part of monthly dollar-cost averaging ahead of the Proof of Talk event. He has also commented on continued declines in altcoins as Bitcoin targeted a rebound, saying a recovery in Bitcoin could support crypto markets. These observations provide context for his latest focus on Bitcoin’s key price levels.
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