BTC Dropping to $19K Is Inevitable According to Analyst

by Aurelia Butler 25 January 2023, 11:00 109 Views

The crypto analyst, Michael van de Poppe, tweeted his latest analysis for the crypto market leader, Bitcoin (BTC), today as BTC faces what he refers to as “big numbers” with the GDP and PMI data coming in this week.

Van de Poppe stated that BTC, as well as altcoins, have been in some form of consolidation over the last week and have not posted any new highs during this period. The analyst also highlighted the 50% run that BTC’s price experienced since the beginning of this year.

Looking at the market cap for the crypto market shows that the crypto market rallied somewhat to above the $1 trillion mark. As a result, the global

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Source: Cryptocurrency - investing.com

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BTC Dropping to $19K Is Inevitable According to Analyst

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