$BTC climbed above $87,000 on Monday for the first time since January, while ether touched a nearly 10-month high near $2,800. The rally came with a painful shakeout for traders, as more than $1 billion in crypto positions were liquidated over 24 hours - including roughly $840 million in bearish short bets.
Analyst Michaël van de Poppe sees bitcoin moving toward $90,000–$91,000 next and says the bear market is over. After that kind of move, it’s easy to see why optimism is coming back -but traders will still be watching closely to see whether the momentum can hold. #BTC #BTC Price Analysis# #Macro Insights# #Bitcoin #BTC100K
Analyst Michaël van de Poppe sees bitcoin moving toward $90,000–$91,000 next and says the bear market is over. After that kind of move, it’s easy to see why optimism is coming back -but traders will still be watching closely to see whether the momentum can hold. #BTC #BTC Price Analysis# #Macro Insights# #Bitcoin #BTC100K
