What's up, my lovely people, and be sharp with your investments! 🤑 I have the hot gossip that's shaking up the crypto world. Imagine that Bitcoin is rising like foam, and an analyst who knows a lot, Michaël van de Poppe, is predicting that we could see a new all-time high next week! Just like you hear it! 🤯
Right now, Bitcoin is at an impressive $107,375, and it doesn't stop moving, even if it's little by little. Altcoins like XRP, BNB, Solana, Dogecoin, SUI, and Cardano are also there, adding their modest gains. Things are heating up! 🔥
According to this crypto guru, Van de Poppe, Bitcoin has a setup that screams 'Up!'. You know, like when you see the green light and know the traffic light is about to change. Recently, Bitcoin took a stroll above $108,000, but then pulled back a bit, consolidating just below the main resistance.
Here comes the key point! The guy points out that $110,500 is the decisive level. If BTC manages to go beyond that, hold on tight!, because it could shoot up to new all-time highs. It's like when you finally get the rhythm of the salsa and nothing can stop you. 💃
And if things get a little volatile, don't worry, the analyst also gives us the buying points: between $105,500 and $104,000 are areas to keep an eye on. If it drops further, between $98,500 and $100,000 there's also good support. We need to be alert for when the price takes a breather!
Other analysts are also super optimistic and see Bitcoin above $110,000. They say this bull market still has a lot to give. The MVRV ratio, which is like a market thermometer, is still not at its peak! So there's room to grow. If we add to that the strong inflows of money into Bitcoin ETFs, we could see Bitcoin soar to $112,000 or even, hold on to your seat!, up to $165,000! 🤯 That's a lot of cash!
The key, as everyone says, is to surpass that strong resistance between $108,000 and $110,000. AlphaBTC, another analyst, says a big push is needed for that zone to become support. Meanwhile, Rekt Capital sees it as the 'last major weekly resistance' before Bitcoin truly takes off.
And not to mention what Scott Melker says, who assures that Bitcoin is like an oak, strong and resilient, despite the crazy moves in the market and global uncertainty. Institutional demand is solid as a rock, with Bitcoin spot ETFs recording $4 billion in net inflows in the last 12 days! 💰
So, my people, stay alert! Bitcoin seems to have all the cards to win and could be about to gift us a new record. Are you ready for the party? 🎉$BTC $XRP $SOL
