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Bitcoin price prediction: CME gap signals dip towards $85,200 before potential rally
Michael van de Poppe predicts a significant movement in Bitcoin's price following its recent 10% increase from the lows.
The crypto analyst suggests a possible decline to the CME gap at $85,200 on a red Monday, before heading back up between $90,000 and $96,000 to establish a new base.
Van de Poppe's latest outlook comes amid heightened market sensitivity, recalling his prior warnings to avoid leverage trading before pivotal FOMC decisions due to increased volatility. His recent statements also build on cautions about the end of the crypto cycle and market top signals, as investors weigh potential corrections and the establishment of new price floors.
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