Well-known analyst, owner of the popular YouTube channel Michaël van de Poppe recently spoke about the conditions under which Bitcoin will be able to get out of its "comfort zone" and overcome a new price maximum. According to the expert, the BTC will be able to set a new record only if its value breaks the $ 64,000 mark soon.
“So close, but at the same time far away,” said Poppe regarding bitcoin and its possible rise in price.
The man believes that the fact that most traders are now focusing their attention on altcoins is quite normal because BTC does not show any hope in the short term at the moment. The value of some unpopular assets continues to grow, while bitcoin has not gone out of its price range ($ 55,000- $ 61,000) for a week.
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“To see a new record in the value of bitcoin, we need a little, we have to wait to overcome the area of $ 64,000. After that, the price of BTC will undoubtedly go up,” Poppe emphasized.