A widely followed crypto analyst is warning that Bitcoin (BTC) could hit new lows if it fails to hold one crucial level of support while updating his outlook on Ethereum (ETH).
In a new strategy session, crypto trader Michaël van de Poppe tells his 800,200 followers on the social media platform X that if the top crypto asset by market cap were to plunge below $115,000, it could see a significant dip in price.
“Bitcoin didn’t break entirely through the resistance here. Small corrective day, however, on the lower timeframes, it’s clear that Bitcoin is trending upwards again. Crucial area to hold at $115,000. If that’s lost, likely new lows.”
Van de Poppe goes even further and says that if the crypto king
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