Bitcoin

when

Spot

<p>Bitcoin is often perceived as the digital hero of a modern financial epic. However, a dramatic turn seems to be looming on the horizon. Michaël van de Poppe shares a prophecy that could well upheaval the course of this crypto odyssey. He boldly predicts a 40% drop.</p>
<h2 id="h-a-soaring-rise-followed-by-a-free-fall-of-bitcoin">A Soaring Rise, Followed by a Free Fall of Bitcoin?</h2>
<p>Bitcoin has been on a roller coaster ride, reaching dizzying heights before beginning a descent that could well be historic.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>Van de Poppe, acting as a lookout, alerts us of an imminent correction. This comes as Robert Kiyosaki predicts a 100k bitcoin.</p>
<p>But why this fall, when Bitcoin seemed invincible, flirting with the stars?</p>
<p>The expert points to an insidious culprit: market sentiment. Ah, sentiments! Those capricious winds that inflate the sails before crashing us onto the reefs.</p>
<p><a href="https://x.com/CryptoMichNL/status/1758474051180167488?s=20" target="_blank" rel="noopener noreferrer nofollow">Van de Poppe</a> reminds us that collective euphoria is often the prelude to a fall. Investors, like marmots intoxicated by spring, might well wake up with a hangover.</p>
<p>Between Bitcoin Spot ETFs and the outflows from the Grayscale Bitcoin Trust, the scenario was worthy of a suspense drama. But in this series, the final cliffhanger could see Bitcoin tumble from its pedestal.</p>
<h2 id="h-the-warning-signals">The Warning Signals</h2>
<p>Van de Poppe, like an oracle of ancient times, reads in the market’s entrails the precursors of a severe correction. Investors, armed with their crystal balls and charts, might have ignored the warnings of the economic gods.</p>
<p>With <a href="https://www.cointribune.com/en/the-publication-of-inflation-data-is-approaching-uncertain-future-for-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">the CPI on the rise</a> and a decrease in inflows, the sky darkens. The headwinds of macroeconomics could well be the harbingers of a perfectly orchestrated storm. In this tumult, Bitcoin could lose its shine, victim of its own ascent.</p>
<p>Faced with this anticipated storm, what to do? Van de Poppe advises having a game plan, not to succumb to panic but to navigate cautiously, anticipating the waves rather than being overwhelmed by them.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="2">
 </div>
</div>
<p>Maybe this correction is necessary, a kind of reset that will allow bitcoin to start on a healthier foundation. After all, is it not in the storm that the true captain is recognized?</p>
<p>It is crucial to recognize that in this perpetual cycle of fluctuations, each period of decline lays the groundwork for a spectacular resurgence. Bitcoin, in its very essence, embodies resilience and the ability to transcend temporary challenges.</p>
<p>Like a mythical phoenix majestically rising from its ashes, bitcoin promises not only to recover its short-term losses but also to ascend to new heights with renewed vigor. Its intrinsically bullish nature, fueled by continuous innovation and increasing adoption, suggests that <a href="https://www.cointribune.com/en/bitcoin-heading-towards-its-ath-crypto-analysis-of-february-20-2024/" target="_blank" rel="noopener noreferrer nofollow">its future remains bright,</a> thus marking the beginning of an era where it will continue to shine, more radiant than ever, in the financial firmament.</p>

According to an expert, Bitcoin is set to plummet by 40% – A debacle is looming in the crypto market

Table of Contents

Cointribune EN

Outros artigos publicados em 20 de fev. de 2024

Tomorrow is a Big Day for the Popular Altcoin: Preparing for Its Most Important Update

ChatGPT can write smart contracts; just don’t use it as a security auditor

BlackRock Calls Bitcoin ”Progress” As It Goes ”For Kill” With New Bitcoin ETF Ad

Is XRP Poised For a Breakout After BTC’s Rally Above $50k? ETH Breaks Key Resistance; InQubeta (Q...

Starknet’s STRK opens trading under $4 after airdrop

Pro-XRP Attorney Deaton’s Potential Candidacy Worries Sen. Warren

Join our free newsletter for daily crypto updates!