{"id":183828,"date":"2023-11-20T15:40:07","date_gmt":"2023-11-20T15:40:07","guid":{"rendered":"https:\/\/precoinnews.com\/?p=183828"},"modified":"2023-11-20T15:40:07","modified_gmt":"2023-11-20T15:40:07","slug":"crypto-analyst-michael-van-de-poppe-predicts-bitcoin-breakout-to-38-40k-in-december-coinpedia-fintech-news","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/crypto-analyst-michael-van-de-poppe-predicts-bitcoin-breakout-to-38-40k-in-december-coinpedia-fintech-news\/","title":{"rendered":"Crypto Analyst Micha\u00ebl van de Poppe Predicts Bitcoin Breakout to $38-40K in December – Coinpedia Fintech News"},"content":{"rendered":"
Micha\u00ebl van de Poppe, a noted crypto analyst, has set a positive tone for the upcoming month, signaling a huge upward breakout. He noticed that the critical price level for bitcoin (BTC) at $37,000 remained intact, prompting the price to skyrocket to $38k – $40k in December.<\/p>\n
In a recent tweet, renowned cryptocurrency analyst Micha\u00ebl van de Poppe shared his insights on the current state of Bitcoin, expressing confidence in the cryptocurrency’s upward trajectory.<\/p>\n
According to van de Poppe, the theory of Bitcoin still holds, emphasizing the resilience of the cryptocurrency’s upward trend. Despite testing the resistance area intensively, the overall trajectory remains intact.<\/p>\n
Looking ahead, van de Poppe anticipates a significant breakout for Bitcoin, projecting an upward move beginning in December. He suggests that if the current upward trend persists, Bitcoin could experience a breakout to the range of $38,000 to $40,000.<\/p>\n
However, this positive outlook is based on the idea that Bitcoin’s critical support level at $37,000 is holding strong, indicating a potential upward surge. <\/p>\n
So, according to van de Poppe, December could see Bitcoin’s price rising significantly. Now all eyes will be on Bitcoin to see if it aligns with van de Poppe’s predictions.<\/p>\n