Bitcoin Final Dance: Analyst Eyes Final Peak Ahead Of Halving

Once again, there is hope for Bitcoin (BTC) as Michael Van De Poppe, a cryptocurrency expert, has spotlighted the potential for the crypto asset’s price to reach a new all-time high before the highly anticipated Halving event commences.

One Final All-Time High For Bitcoin Before Halving The price of Bitcoin is presently exhibiting new bearish activity, which might trigger negative sentiments in the market over the next few days.

Despite the notable decline, Michael Van De Poppe is optimistic that BTC will attain a new height prior to Bitcoin Halving expected to occur this month’s end.

Related Reading: Bitcoin Halving Inches Closer With Less Than 2,900 Blocks Left According to the analyst, the digital asset is currently in a consolidation zone.

He further identified two distinct crucial levels within the lower timeframes such as the $67,000 threshold as a support level and the $71,700 mark as a final break out towards the peak.

It is worth noting that Michael Van De Poppe previously forecasted that Tuesday is probably when the real moves are expected to begin as Bitcoin consolidates.

Thus, if the coin holds the $67,000 level, he will propose a one-last peak test ahead of the halving.

Poppe seems to be confident about his prediction now as he asserts that if one of the two aforementioned crucial levels develops, it will determine the direction of Bitcoin.

Due to this, he believes BTC will experience one final pre-halving all-time high.

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