The cryptocurrency analyst and trader Michaël Van de Poppe says that Bitcoin (BTC) shows signs of bull.
Van de Poppe tells of its 792,200 subscribers on the X social media platform that Bitcoin could break down above the price of $ 112,000 and reach a new summit of all time if BTC manages to exceed the level of resistance to around $ 108,900.
“Bitcoin trendy upwards, which is an excellent sign.”
Based on the analyst’s Bitcoin table widely followed over the four -hour period, it seems that Van de Poppe sees BTC attending a drop in the area around $ 100,000 if the King Crypto loses $ 105,500 as a support.
Bitcoin is traded at $ 105,617 at the time of the editorial staff.
Then, the optimism of the scale solution (OP). According to the analyst and trader widely followed, optimism has formed a bullish divergence against bitcoin over the three -day period.
A bullish divergence is formed when the price reduces lows or trends laterally while an indicator such as the relative resistance index (RSI) forms higher stockings. Van de Poppe says that the optimistic opage op is formed could indicate that the Altcoin is “likely to turn around very soon” against Bitcoin.
OP is traded at 0.00005373 BTC ($ 0.561) at the time of the editorial staff.
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