Bitcoin Analyst Predicts Sharp Rally After Significant Correction, Leaving Skeptics in the Dust

Bitcoin analyst Michaël van de Poppe has predicted a significant rally for the cryptocurrency after a 23% monthly decline. Comparing the recent market downturn to Bitcoin’s volatility during the COVID-19 pandemic, Van de Poppe highlighted how traders initially anticipated lower lows, but they failed to materialize as the asset rebounded unexpectedly, ultimately setting a new record high.