Bitcoins Future: Bullish or Bearish? Michael Van de Poppe Weighs In.

Bitcoins Future: Bullish or Bearish? Michael Van de Poppe Weighs In.

The FOMC minutes are expected to have a negative impact on the crypto markets, particularly Bitcoin, as the BTC price may fall below $25,000 according to a popular analyst.

The cryptocurrency markets, which had been largely stagnant for a long time, have been shaken by the following FOMC minutes. Despite the fact that the previous script of the FOMC meeting has is still to be released, the following agenda of the meeting was likewise expected to have a larger impact on the cryptocurrency markets, in particular  Bitcoin. Now that the minutes are to be released shortly, the cryptocurrency markets have been displaying a negative impact as the Bitcoin price is on its way to hitting $26,000. 

The Bitcoin price has been rejected numerous times from levels around $27,500 and is presently facing extended bearish action. Hence, the price is expected to sustain a whole lot of bearish tendency that may even plunge below $25,000, as predicted by a trending analyst, Michael van de Poppe.

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The analyst here offers both positive  tendency and bearish levels for the Bitcoin (BTC) price in the coming days. He reveals the following level to closely watch maybe $25,800, which has been triggering positive  tendency divergence for some time now. If in case, the price fails to keep up over these levels, then a breakdown may drag the price lower. 

“ Bitcoin (BTC) lost critical levels after rejecting at $27.5K,

I wanted it to hold $27K, it didn’t.

Scenarios I’m watching;

-Sweep $25.8K for positive  tendency div long play (perhaps $24.9K)

-Reclam $26.6K or preferably $27.5K = long play for me as then we’ll accelerate towards high,”


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