Michael van de Poppe, one of the popular names in the cryptocurrency world, commented on the latest unemployment data published in the USA. Analyst, latest data bitcoin He is of the opinion that it is good for (BTC).
Michael van de Poppethinks that things will get better for Bitcoin with the latest data, but this may not be permanent.
As we reported as Koinfinans.com, unemployment data came in at a rate of 3.5% compared to the expectation of 3.7%. Although the data is better than expected, it is not a permanent situation, but it creates an optimistic picture in the short term.
Van de Poppe thinks the $30,000 target will be valid if it stays above $27,600. However, if this support cannot be held, a decline to $25,000 and $25,400 is possible. However, investors should also closely follow the non-farm employment data that will be announced soon.
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Bitcoin Will Have A Quiet Weekend
Van de Poppe, who also published his forecast for the weekend, also stated that he expects some calm for Bitcoin. The analyst believes that the $27,600 support is still holding its strength.
