“BTC May Rise To The $28,500-$29,000 Range”

As of the weekend, it seems that a horizontal trend is dominant in the crypto money industry. The leading cryptocurrency Bitcoin (BTC), which has not made an up or down break, is accumulating at $27000.

Michael Van De Poppe, a name closely followed by investors, recently commented on Bitcoin on his official Twitter account. Poppe said that BTC could rise to the $28,500-$29,000 range.

“#Bitcoin to $28.5-29K seems likely this weekend. The question is, what will the reaction be from there. Probably some scalp short regions. HTF buy the dip entry around $25K as a potential range to establish.”

Stating that the leading cryptocurrency Bitcoin can reach $ 29 thousand in 48 hours, Poppe made the investors excited again. Bitcoin’s weekly close above the $29,000 levels will accelerate the uptrend. In such a scenario, BTC’s new target may be 36 thousand dollars. Rejecting Bitcoin from the $28,500-$29,000 resistance range will bring a drop to $25,000.

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