© Reuters. Bitcoin is still doing well towards $ 90k, says crypto expert
- Crypto analyst believes BTC price has risen to $ 90,000.
- Michael expects the price level to rise to $ 74,770.72.
A well-known crypto analyst Michael Van de Poppe firmly believes that the BTC price can soar to $ 90,000. He also names the main support and resistance levels for the price.
#Bitcoin is still fine for $ 90K. pic.twitter.com/cZe5wT7lhW
– Michaël van de Poppe (@CryptoMichNL) October 30, 2021
At the same time, the crypto expert mentions that the digital coin could be corrected between $ 57,623 and $ 59,016. Additionally, Michael Van de Poppe predicts the value could initially reclaim the $ 67,994.58 resistance.
Then he thinks of the price level rising to $ 74,770.75 by early 2022. Additionally, the chart highlighted that the asset will remain the uptrend momentum up to $ 92,217.
Likewise, the crypto space has seen a significant change since closing at $ 2.5 trillion. It shows that Bitcoin is driving the rise in price to retest its rapid bottom before taking a big spike. Additionally, the compelling interest in the asset could further fuel the price hike for the remainder of the quarter.
Bitcoin’s steady movement in the past has taken on-chain activity to the next level. Overall, the Bitcoin price is experiencing an important change. The most valuable asset could soon hit new highs as the chain’s activity soars.
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