The post This Is The Possible Area For Bitcoin’s Long, Per Van De Poppe appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto GuideThough the overall cryptocurrency market has entered the recovery phase, the global market capitalization has plunged by 1.73% in the last 24hrs.
A well-known crypto analyst and trader, Michael van de Poppe in his recent analysis, points towards Bitcoin’s possible area for longs which might be approaching soon.
Other than the 200 moving average, the market sentiment after Tesla selling its 75% of BTC holding will affect the Bitcoin’s future price movement.
$70B Added Into Bitcoin’s Market CapThe pinch of positive trend seen around the King Currency is inflow of $70 billion into the asset’s market capitalization in just a week.
At the time of publication, Bitcoin price is selling at $22,906 with a drop of 3.24% in the last 24hrs.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.