Bitcoin Could Nuke if One Critical Support Level Crumbles, Says Top Crypto Strategist

Bitcoin Could Nuke if One Critical Support Level Crumbles, Says Top Crypto Strategist


A popular crypto analyst is outlining what level Bitcoin (BTC) needs to hold in order to avoid plunging further in price.

In a new YouTube video, top crypto strategist Michaël van de Poppe tells his 165,000 subscribers that BTC needs to hold around $19,300 “in order to avoid a nuke.”

“Because if we lose $19,300, the chances are that we’re going to… go briefly beneath $18,500 and make new lows, especially after the last candle, that’s going to be hard for us.

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This is the final support, and if this support doesn’t really hold or provide any support at all, it is very likely that we’re going to nuke furthest downwards towards $17,500 to $18,500… and then we’re going to seek for a support there.”

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