Analyst and trader Michaël van de Poppe believes Bitcoin (BTC) is primed to go much higher after the flagship crypto asset broke into a new all-time high.
Van de Poppe tells his 795,200 followers on the social media platform X that Bitcoin could reach a price of $250,000 in the fourth quarter – an increase of around 112% from the current level.
According to the widely followed analyst, Bitcoin could hit a price of $125,000 this month and $150,000 between July and the end of September. However, Van de Poppe expects the rally to pause before his targets can be reached.
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“Probably going to stall for a little before we’ll continue.”
Source: Michaël van de Poppe/X
Bitcoin is trading at $117,915 at time of writing,
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