Bitcoin Price Surge: Uncertainty to Drive Momentum, Experts Say

Bitcoin is holding steady in a tight range, but cryptocurrency analyst Michaël van de Poppe predicts significant price movement once political and economic uncertainties are resolved. His forecasts indicate that Bitcoin could see substantial gains in the medium to long term, according to his recent social media insights. He highlights that while short-term volatility is expected, this phase of stability may be a prelude to a breakout as U.S. trade policies under President Trump’s leadership and interest rate decisions from the Federal Reserve become clearer. These factors are poised to have a significant impact on market dynamics. 2023 has seen Bitcoin move sideways after its surge in 2022, but Van de Poppe believes this is just a temporary phase. He notes that past trade policies under Trump created uncertainty, leading to cautious investor behavior but expects a clearer direction of these policies will trigger bolder moves.