Expert Lists Key Conditions for Bitcoin to Rally to $100,000
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Bitcoin has been stuck in a six-week correction, and analyst Michaël van de Poppe says a rally to $100,000 depends on BTC holding above its 200-day moving average. The 200-day MA is the key technical level he cites as the trigger for a push toward the six-figure mark. The call comes as traders watch whether Bitcoin can break out of its recent downtrend. What to watch next: whether BTC establishes and sustains a position above the 200-day MA, the condition Poppe frames as the gateway to a $100,000 move.
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Bitcoin (BTC), Michaël van de Poppe
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