Bitcoin Likely To Explode To Up to $100,000 Before the End of 2024, Says Michaël van de Poppe – Here’s Why
A widely followed crypto analyst believes Bitcoin (BTC) may hit six figures before the year’s end as the top digital asset by market cap reclaims the $65,000 level. Crypto trader Michaël van de Poppe tells his 725,400 followers on the social media platform X that Bitcoin may increase more than 53% from its current value. He believes that the Fed rate cuts and increasing global liquidity are bullish catalysts for Bitcoin and other digital assets. “Gold continues to push higher, while silver has reached the highest price level in a decade. Global liquidity is significantly increasing and altcoins have barely started. Before the end of the year, we’re likely seeing Bitcoin trading between $90,000-$100,000.” The analyst says that Bitcoin’s recent breakout into the $65,000 range puts the flagship crypto on track to take out its all-time high of about $74,000. He adds that many altcoins are already starting to rally. “Bitcoin is abo...