Analyst Michaël Van, who is closely monitored in the digital asset market, Bitcoin 
$108,246.30He made evaluations that he could experience a serious price increase in the coming period. Speaking in a current analysis video he shared via Youtube, Van de Poppe said Bitcoin gave indicators similar to past cycles and that the level of 250 thousand dollars in the current conditions was accessible. This view of the analyst came to the agenda with the interest of intensive ETF (Stock Exchange Investment Fund) in crypto money markets.
Effect of ETFs and Bitcoin’s latest status
According to Van de Poppe, Bitcoin’s recent price movements play a decisive role from ETF products. Analyst explained that ETFs have attracted new investor groups to the market and that this was effective in the current consolidation process. Accordingly, Bitcoin’s watching around 100 thousand dollars is largely associated with the additional demand created by ETFs.
Comparing by technical indicators and previous loops, Van de Poppe argued that a similar way Bitcoin has repeated a similar way. This situation, great price splashes may be possible as interpreted as interpreted. Analyst suggested that the current price level could be much lower without ETFs.
“If the ETFs were not at this level, we would probably be around 50 thousand dollars. With the strong effect of the ETFs, the price was withdrawn and similar dynamics may continue after that”.
Future expectations in Bitcoin
Van de Poppe thinks that the next three -month period will be quite critical for Bitcoin. According to the analyst, Bitcoin is likely to reach the range of $ 160 to $ 180,000 in the summer. It was pointed out that the second half of the year was generally positive in crypto markets.
“The second half of the year is often the most productive period for digital assets. If similar developments occur in the next quarter, the probability of $ 250 thousand is very high. Even higher levels may come up,” he said.
While the mobility continues in the crypto asset market, the estimates of expert names and the decisions of market organizers are closely monitored. The latest data shows that the total market value of the BTC ETFs, which started operations in January 2024, reached approximately 138.5 billion dollars at the time of writing. This development points out that corporate investment interest in Bitcoin has increased.
Looking at the price movement of Bitcoin in the last 24 hours, the crypto currency was traded at $ 107,627 and a 1.9 percent decrease. While short -term fluctuations are observed, it is emphasized that optimism continues in long -term expectations of market players.
Frequently discussed price forecasts in the global crypto currency market continue to include high risk and uncertainty for investors. Experts frequently express that investors should do detailed research while making decisions. In addition, it is important to take into account individual risk preferences and market analysis while making any investment decisions.
Such predictions about the future of Bitcoin are often based on personal evaluations and existing market dynamics. It is recommended that investors should be cautious about their large price targets, closely monitor market movements and compare the analysis of different experts. The evaluations state that short and medium -term price changes may vary significantly depending on various factors.
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.
