Popular trader and crypto strategist Michaël van de Poppe is revealing key price levels that he believes will determine the short-term fate of Bitcoin and Ethereum.
In a new YouTube video, Van de Poppe tells his subscribers that while he is long term bullish on Bitcoin, there are critical support levels that the flagship cryptocurrency must hold in the short term in order to continue its ascent to higher highs.
“The higher timeframe chart for Bitcoin is showing a very massive move. It’s showing that we still have much more to gain as well, and it shows that the 2017 Bitcoin bubble was just a minimal one as we are currently in the real big super cycle…
I would prefer to hold this level here between 47.5 and 48.4 for support. If that sustains support, we most likely continue grinding and then the target zones that I have described – $53,000 and $63,000 – are very likely to