Michael van de Poppe: Bitcoin holding $64,000 support and targeting $70,000

Michael van de Poppe: Bitcoin holding $64,000 support and targeting $70,000
Bitcoin bounces, targets $70,000 level

Michael van de Poppe highlights a positive move for Bitcoin, noting that the cryptocurrency has bounced from the range low at $64,000, which is acting as support.

He suggests the prevailing trend is upward and that Bitcoin is likely to continue its move toward $70,000.

Van de Poppe previously noted that a weekly close above the 200-week moving average could be bullish for Bitcoin. He has also indicated that IPOs for Anthropic and OpenAI have been postponed until 2027. These comments come as he continues to track key developments in both the crypto and tech sectors.

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