BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Bitcoiners Looking for ‘Moon or Doom’ Should Do One Thing Until 2023, Says Crypto Analyst Michaël van de Poppe

Bitcoiners Looking for ‘Moon or Doom’ Should Do One Thing Until 2023, Says Crypto Analyst Michaël van de Poppe
A widely followed crypto analyst is recommending one method for Bitcoin ( BTC ) traders to buy their ticket to the moon.
Crypto trader Michaël van de Poppe  tells  his 627,700 Twitter followers to accumulate BTC until next year.

“People are literally waiting for;
So, now Bitcoin moon or doom?
We simply can’t tell so fast after such an event; it requires some time. 
Markets are pricing in the worst, but all I say is that now until 2023 is the period to accumulate.”
With Bitcoin trading at $18,950 at time of writing, Van de Poppe  claims  the king crypto must reclaim $19,000 to maintain bullish momentum.
“Bitcoin literally has been making a fake-out at the FOMC [Federal Open Market Committee] event.
I’m not sure whether we’re already seeing the trend. Probably direction will come today/tomorrow. 
For now, Bitcoin needs to reclaim $19,000 in order to have any bullishness.”
Source: CryptoMichNL/Twitter
The trader  expresses that he’d rather go long on BTC and the general crypto markets here versus waiting for a potential lower drop.
“I’d still preferably want to be long on the markets of crypto here rather than waiting for $12,000-14,000.”
In light of yesterday’s 75 basis points interest rate hike, Van de Poppe says  the crypto markets are reacting favorably for crypto, especially the US Dollar Index (DXY).
“Very good reaction on the markets. 
DXY tumbling down.
Yields tumbling down a bit.
Indices up. 
Bitcoin up.”
The DXY is a relative measure of the US dollar’s strength. A weaker DXY is generally better for crypto assets.
Looking at his DXY chart, Van de Poppe  sees  bearish divergences “everywhere.”
“Bearish divergences everywhere on the chart for DXY.”
Source: CryptoMichNL/Twitter
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter , Facebook and Telegram

Surf The Daily Hodl Mix



Check Latest News Headlines


 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Mia Stendal
The post Bitcoiners Looking for ‘Moon or Doom’ Should Do One Thing Until 2023, Says Crypto Analyst Michaël van de Poppe appeared first on The Daily Hodl .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Bitcoiners Looking for ‘Moon or Doom’ Should Do One Thing Until 2023, Says Crypto Analyst Michaël van de Poppe


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



Dokky PRO - Bookcase Shop Script