Bitcoin

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<ul class="news-points"> 
 <li><strong>Michael van de Poppe debunked the idea of Bitcoin dropping to $12K before a bull run.</strong></li> 
 <li><strong>The analyst opposed the idea of the altcoin market crashing again before going up.</strong></li> 
 <li><strong>Van de Poppe attributed the bear market to attacks on the blockchain ecosystem in 2022.</strong></li> 
</ul> 
<p>Michael van de Poppe, the founder of MN Trading, has debunked the idea that <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a> would drop to $12,000 before embarking on another bull run. The well-known crypto analyst also opposed the idea that the altcoin market would experience another crash before going up.</p> 
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   <p lang="en" dir="ltr">Investors Perspective in Crypto Markets Follows History<br><br>I’ve seen many people suggesting that we’ll see Bitcoin drop to $12,000 and altcoins to have another capitulation. I don’t think we’ll have that and in this post I’ll explain why. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Altcoin investors are slowly losing… <a href="https://t.co/eP6pR14Zr5" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/eP6pR14Zr5</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1687050702835650560?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 3, 2023</a> 
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<p>Van de Poppe posted a tweet to explain his opinion and stated that altcoin investors are slowly losing faith in the markets due to a lack of movement. The crypto analyst observed that many altcoins have been in a downward trend since May 2021, marking a bear market that has lasted …</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bitcoin-will-not-drop-to-12k-before-the-next-bull-run-analyst/">Bitcoin Will Not Drop to $12K Before the Next Bull Run: Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin Will Not Drop to $12K Before the Next Bull Run: Analyst

Coin Edition

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