Bitcoin’s Dip: Analyst Sees Familiar Pattern Behind Short-Term Sell-Off

Bitcoin faced a brief dip as the new month commenced, but crypto analyst Michaël van de Poppe suggests this move reflects familiar market patterns rather than pointing to structural shifts in the overall trend. Van de Poppe’s latest market analysis highlights a confluence of factors contributing to the decline: automated trading algorithms resetting, weakening liquidity conditions, and a retest of key resistance level as major drivers.