The post Bitcoin (BTC) Price Can Hit $35K in Next 4-8 Weeks – Predicts Analyst Michaël van de Poppe appeared first on Coinpedia Fintech News
After a promising rally last week, Bitcoin (BTC) has faced challenges maintaining its bullish momentum over the past two days, leading to a rise in short-term bearish sentiments. With a decline of approximately 4 percent in the last 24 hours, Bitcoin’s price now rests on a crucial support zone.
The ability to hold this support will be pivotal in determining whether a bullish trend will continue in the coming weeks. Additionally, historical data suggests that during the pre-halving year, October tends to be a bullish month for the entire cryptocurrency industry.
Analyst Michaël van de Poppe Predicts a Bitcoin Rally to $30k
Renowned crypto analyst Michaël van de Poppe, based in the Netherlands, has noted that Bitcoin has consistently held above the 200-weekly Exponential Moving Average (EMA) in recent months. This suggests the bulls may have
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