Analyst and investor, one of the leading names of crypto money markets, Michaël Van De Poppe, Bitcoin $103,918.75He said he has identified positive signs in the graphics of the graphics. According to the analyst’s shares, Bitcoin has a high -end movement potential in the short term. Van de Poppe’s assessment gave directions to investors closely following the price movements.
The prominent resistance point in Bitcoin
Michaël Van de Poppe, in his comments on social media, Bitcoin’s $ 108,900 -level resistance to exceed the point of resistance to reach the highest level of history, he said. According to the analyst, with the passing of this level, it is stated that Bitcoin is able to rise above $ 112,000. The price that Bitcoin is currently traded is around about 105.617 dollars.
Evaluating Bitcoin’s price movements, Van de Poppe, four -hour time graphics analyzes, if the level of $ 105,500 in the level of $ 100,000, a short -term withdrawal may be experienced. In other words, important threshold levels are drawn both above and below.
Michaël Van de Poppe: “Bitcoin is moving upwards again, this is a positive indicator.”
Rise signals for Optimism (OP)
Analyst Van de Poppe said that it envisages positive signals not only for Bitcoin, but also for the presence of optimism (OP) crypto. According to Van de Poppe, the “rise decomposition üzerinde between optimism and Bitcoin in three -day graphics occurred. Such decompositions can often show that there may be a turn at prices.
The rise segregation is defined by the higher bottoms of technical indicators such as the relative power index (RSI), while lower bottoms or horizontal movements occur at the price. Van de Poppe pointed out that Optimism could begin to recover against Bitcoin in line with these indicators.
At the time of the article, the OP is traded at the level of 0.00005373 BTC, ie 0,561 dollars.
Cautious approach advice in the markets
Following the analyst’s evaluations, investors should act carefully and cautiously due to rapid price changes in Bitcoin and other crypto currencies. Volatility, which is frequently seen in crypto money markets, can have both opportunities and risks for market participants.
Investors’ analysis of expert names such as Van de Poppe may be useful in terms of understanding the market. However, it is recommended to conduct their own research before any investment decision and monitor the developments in the sector. In this respect, experts emphasize the importance of investors to decide without being affected by prebiotic movements.
Considering that crypto currency prices can change rapidly in a short time, closely monitoring the critical support and resistance points determined is among the main factors in terms of risk management. In particular, such levels, where large price movements can be seen, are carefully monitored by investors.
In crypto money markets, the price movements that may occur after the resistance or breakage of resistance can be decisive in the strategies of investors. Whether or not the expectations of rise or decrease are realized are shaped depending on market conditions and investor psychology. Technical analysis of crypto assets such as Bitcoin and Optimism can contribute to existing market views, but it is emphasized that past performance is not a definite indicator for the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
