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Michael Van De Poppe

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Bitcoin's Price Target Holds Strong Amidst Market Volatility.
cryptocurrency2 years ago

Bitcoin's Price Target Holds Strong Amidst Market Volatility.

Bitcoin's strength is showing signs of continuation higher, according to Michaël van de Poppe, after key trend lines are preserved. BTC/USD reached $27,666 on Bitstamp, and the outlook is good, with the holding of the 200 MA and EMA. The state of the BTC/USD Binance order book shows that volatility is thus far absent. Meanwhile, attention continues to focus on US dollar strength after a week of solid gains, with crypto market strength versus a comedown in the US Dollar Index (DXY).