Cryptocurrency analyst Michael van de Poppe stated that the declines in the cryptocurrency market may end soon.
Michael van de Poppe dated 25 January in the postHe stated that the current correction in Bitcoin is nearing its end. Analyst, cryptocurrency market It has decreased by approximately 20% in the last 10 days and pointed out that things have calmed down in the current days.
While he stated that the decreasing volatility brought signals for an upward turn, he still hinted that one should not be in a hurry. Poppe, Towards the 36-39 thousand dollar band probably emphasizing that a final withdrawal is still on the table. The upward momentum leading to the Bitcoin halving He predicted it would start at these levels:
Bitcoin is approaching the final stages of this correction. The markets witnessed a 20% correction in 10 days and volatility has come down considerably in recent days. However, it is still possible for it to test the 36-39 thousand dollar band and probably the upward momentum leading to the halving will come from these levels.
According to CoinGecko data, in the last 24 hours 0.4% increase Bitcoin exhibiting, at the time of writing from $39,895 is being traded.