Crypto trader Michaรซl van de Poppe is expressing bullish sentiment on Bitcoin (BTC) as the flagship crypto asset hovers below a key resistance level. In reference to a potential upside move, Van de Poppe tells his ex-Twitter followers that Bitcoin is "close to a party": "Bitcoin party starts when we break $29,700. Until then it's just consolidation." He clarifies his attitude towards ETFs further: "The ETF's are just around the corner. It's way bigger than you think it is, as it will move markets. Buy the dip, as much as you can for Bitcoin and Ethereum." The expert also expresses great doubts about some alarmists who predict a sharp and deep fall of Bitcoin instead of growth: "In 2023, the largest asset manager applied for Bitcoin ETF. In 2023, the largest fintech company launches a stablecoin. Yet, you think Bitcoin will go to $12,000. Think again." So, Michaรซl van de Poppe is sure that the real party in the crypto market will begin after crossing the magic level of BTC at $29,700. And this event is just around the corner! |
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