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Michael van de Poppe: Bitcoin likely to correct Monday before further gains

Michael van de Poppe: Bitcoin likely to correct Monday before further gains
Bitcoin may correct before further rally

Michael van de Poppe outlines his expectations for Bitcoin's short-term price action.

According to his post, Bitcoin may experience a downward move on Saturday, followed by a recovery or upward movement on Sunday. He anticipates a slight correction when markets open on Monday, after which he expects continued upward momentum for Bitcoin.

Van de Poppe previously projected a Bitcoin rally toward $73,000 and $83,000 as long as the asset remains above key moving averages. He also recently noted only a minor correction for Bitcoin, with expectations for further gains. His latest outlook follows continued bullish sentiment in his recent analyses.

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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