Popular Analyst: “This Level Must Be Maintained for $45,000 in Bitcoin!”

History was not wrong again and Bitcoin rose from $ 26,000 to over $ 35,000 in October, known as the rising month.

While investors are waiting for further gains in the face of speculation that spot Bitcoin ETF approval may come soon, a good prediction came from popular analyst Michael van de Poppe.

Sharing on his Twitter account, Poppe said that BTC was holding above $ 30,200 and started to break the highest level of 2023.

Stating that he was surprised by the power of Bitcoin at this point, Poppe argued that as long as BTC remains above $ 31,000, $ 40,000 will be seen in 2023.

“Bitcoin held above $30,200 and started to break the yearly high. As long as we stay above $31,000, everything is fine and we will see $40,000 this year. These are good times. Buy the dips,” Poppe said. said.

#Bitcoin did hold above $30,200 and started breaking the yearly high.

Quite surprised with this strength, but that’s what you get pre-ETF approval.

As long as we stay above $31K, everything is all right and we’ll see $40K this year.

Times are good. Buy the dips. pic.twitter.com/3UkZUve1ES

— Michaël van de Poppe (@CryptoMichNL) October 24, 2023

“Bitcoin Could Go Between $40,000-45,000!”

In another post, the popular analyst said the following about BTC:

“Bitcoin is showing a lot of strength right now.

The price rose from $26,000 to $35,000 in less than a week.

The upside potential in BTC continues and BTC may rise to between $40,000-$45,000 in the next 2-4 weeks. “

Finally, stating that these are good times, Poppe advised investors to buy the dips.

Bitcoin is at $34,400 at the time of writing.

#Bitcoin is currently showing a lot of strength.

The price rallied from $26K to $35K in less than a week. A potential continuation to $40-45K seems likely in the coming 2-4 weeks.

Do you need to FOMO?

No, just buy dips.

They’ll come. Take it easy.

— Michaël van de Poppe (@CryptoMichNL) October 24, 2023

*This is not investment advice.

Source