HomeBitcoinTop Crypto Analyst charts what's next for Bitcoin as BTC tops $26,000

Top Crypto Analyst charts what’s next for Bitcoin as BTC tops $26,000


A widely followed crypto analyst is warning Bitcoin (BTC) traders that a correction may be on the horizon as the king of cryptocurrencies tops $26,000.

Cryptocurrency trader Michaël van de Poppe says His 652,200 Twitter followers want to see if BTC can hold the $25,900 price level today.

“Big move in Bitcoin, broke above crucial $25,000 and attacked yearly highs.

On lower time frames, I am seeing if $25,900 can hold as support today.

If it can’t, it could be a harsh correction.

If we can, $28,000-$30,000 is next -> possible shorts.”

Source: Michael van de Poppe/Twitter

With BTC trading for $26,453 at the 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.

He needs to continue to push, and when we do $28,000-$30,000 that’s next.

This momentum needs to happen in the next few hours, otherwise there will be bearish divergences and a possible reversal.

Interesting volatility”.

Source: Michael van de Poppe/Twitter

they go from pope warns that if BTC cannot hold $26,000 today, expect Bitcoin to drop to the $25,000 price zone.

“Chopperino lands on Bitcoin, which means we will probably have some side structures.

You need to have $26,000. If that holds up, the next is $28,000-30,000.

If he loses $26,000, I’ll bet around $25,000 on some longs.

Relatively easy to understand.”

Source: Michael van de Poppe/Twitter

According to the analyst, BTC may still be around at some point corrections before all is said and done.

“Looks like we are in for some slight corrections in the Bitcoin markets.”

Source: Michael van de Poppe/Twitter

Don’t miss a thing: sign up to receive crypto email alerts straight to your inbox

Check Price Action

follow us TwitterFacebook and Telegram

Surf The Daily Hodl Mix

Check the latest news headlines


Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl is involved in affiliate marketing.

Featured image: Shutterstock/Garan Julia/Aleksandr Kovalev


Please enter your comment!
Please enter your name here


Polkadot, Kusama and Cardano lead the crypto space in terms of ‘notable activity on GitHub’: Santiment

Polkadot (DOT), Kusama (KSM), and Cardano (ADA) lead the crypto space in terms of "notable" GitHub development activity, according to cryptanalysis firm Santiment. holyday grades that...

Owner of Major US Stock Exchange to Launch Crypto Custody Services by June: Report

The parent company of a major US stock exchange is reportedly looking to launch crypto custody services by June. According to a new report from BNB...

DeFi Giants Launch on Ethereum Layer 2 zkSync Era

After four years of development, Ethereum's Layer 2 scaling network, zkSync Era, has been opened to users in alpha, enabling faster and cheaper transactions. ...

Crypto Whales Pounce on Ethereum Scaling Altcoin, Accumulating 13,310,000 Arbitrum (ARB) After Polygon Rival Airdrop

Investors with deep pockets gobbled up millions of Arbitrum (ARB) just one day after competitor Polygon (MATIC) distributed tokens to eligible users. Blockchain monitoring service Lookonchain...

Most Popular