MN Trading founder predicts Bitcoin price could drop to $52-55K
According to TechFlow, Michaël van de Poppe, founder of MN Trading and crypto market analyst, predicted in a tweet that Bitcoin is currently at the lower end of the price range. He said that technically, people hope that Bitcoin can stay in this area so that the upward momentum continues and the price range is maintained. However, if Bitcoin cannot stay in this price range, then in this adjustment, the price may fall to $52-55K.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 10.3681 million SYRUP transferred from Syrup.fi, routed through intermediaries and flowed into Wintermute
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November