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Top Crypto Analyst Plots What’s Next for Bitcoin As BTC Breaks Through $26,000

Top Crypto Analyst Plots What’s Next for Bitcoin As BTC Breaks Through $26,000
A widely followed crypto analyst is warning Bitcoin ( BTC ) traders that a correction may be on the horizon as the king crypto blasts through $26,000.
Crypto trader Michaël van de Poppe  tells his 652,200 Twitter followers he wants to see if BTC can hold the $25,900 price level today.

“Great move on Bitcoin, broke through crucial $25,000 and attacking the yearly highs. 
On lower timeframes, I’m watching whether $25,900 can sustain today for support.
If it can’t, harsh correction might be it. 
If we can, $28,000-$30,000 is next -> potential shorts.”
Source: Michaël van de Poppe/Twitter
With BTC trading for $26,453 at time of writing, Van de Poppe  wants  Bitcoin to hold these levels or go higher to confirm a rally to $30,000.
“Bitcoin continued to hold above $25,900 and is printing a new high, almost. 
Needs to continue pushing, and when we do $28,000-$30,000 is next. 
This push needs to happen coming hours, otherwise bearish divergences and potential reversal. 
Interesting volatility.”
Source: Michaël van de Poppe/Twitter
Van de Poppe  warns  that if BTC can’t hold $26,000 today, he expects Bitcoin to fall to the $25,000 price zone.
“Chopperino land on Bitcoin, which means that we’ll probably have some sideways structures.
Needs to hold $26,000. If that holds, $28,000-30,000 is next.
If it loses $26,000, I’m punting around $25,000 for some longs. 
Relatively easy to understand.”
Source: Michaël van de Poppe/Twitter
According to the analyst, BTC may still be in for some  corrections  before it’s all said and done.
“It seems we’re in for some slight corrections on the markets for Bitcoin.”
Source: Michaël van de Poppe/Twitter
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The post Top Crypto Analyst Plots What’s Next for Bitcoin As BTC Breaks Through $26,000 appeared first on The Daily Hodl . shares this Contents always with License.

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