Benzinga – Crypto analyst Michaël van de Poppe has suggested a potential dip in Bitcoin’s (CRYPTO: BTC) price, indicating an optimal buying point for investors.
What Happened: In a post on X, formerly Twitter, on Monday, van de Poppe stated that Bitcoin is likely to consolidate at its current levels. He further indicated that if the cryptocurrency falls below $66,000, it would test the range low, presenting an ideal buying opportunity.
#Bitcoin aims to consolidate in these levels.
Where to buy?
Losing $66K and I think we’ll test range low and be buying there again.
That’s the level where you’d want to get your purchases ready. pic.twitter.com/RoYYzJJnt8
— Michaël van de Poppe (@CryptoMichNL) May 27, 2024
His comments come amidst a period of…
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