Crypto NewsBitcoinAnalyst Said I Expect a Rise in Bitcoin, Announced From Which Level...

Analyst Said I Expect a Rise in Bitcoin, Announced From Which Level BTC Will Return!

The analyst explained when Bitcoin will start to rise.

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Bitcoin, the world's largest cryptocurrency, has reached new highs, surpassing the long-awaited $30,000.

However, BTC fell to the level of $ 27,100 with the decline it experienced last week.

After this decline in BTC, investors are now waiting for a rise, while popular analyst Michael van de Poppe shared his Bitcoin expectations.

Evaluating the performance of BTC on his Twitter account, Poppe wrote that Bitcoin rejected the $ 27,800 level.

Stating that the funding started to turn negative while Bitcoin rejected the $ 27,800 level, the analyst stated that Bitcoin will soon rise.

The analyst, who expects a rapid recovery to 29,200 in Bitcoin, made the following statements:

Funding is starting to turn negative as Bitcoin clearly rejects the $27,800 level on the chart.

That means we're going to have a jump soon, but from where, from what level?

I expect bullish divergences to form in the $26,500 – $27,000 region (Monday bearish day) and then recover to $29,200."

*Not investment advice.



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