Bitcoin's price has recently bounced from a key support level, but is yet to break the previous swing high from February 3rd. If it fails to do so, a pullback and corrective structure may occur. However, crypto analyst Michael van de Poppe remains positive and believes Bitcoin could reach $100K within 1-2 weeks. He is also optimistic about Ethereum, stating that it has started to outperform Bitcoin and will trade above 0.03 BTC soon. Van de Poppe encourages patience for those holding utility-based altcoins, as he sees better times ahead.
Other News from Today
Imminent ‘Explosive’ Stock Market Breakout Likely To Boost Bitcoin and Crypto Markets: Jason Pizzino
Fluent Labs raises $8 million in funding led by Polychain Capital to build blended execution network