Cryptocurrency analyst Michaël Poppe has outlined a projected timeline for Bitcoin (BTC) to reach its next all-time high, following a period of volatility in the leading digital asset.
According to Poppe, historical patterns, along with recent corrections and current chart signals, point to a continuation of the uptrend, with the next record high potentially surpassing the previous $126,000 mark.
In an X post on April 20, Poppe noted that Bitcoin typically establishes a new all-time high within 12 months after a significant correction.
Notably, in recent months, Bitcoin lost the $100,000 support level at one point and faced the risk of falling below $60,000, with some analysts maintaining that the asset could decline further.
Poppe added that in the shorter term, similar past market structures show that within three to six months of such downturns, Bitcoin tends to trade between 30% and 60% above its local bottom. Based on this framework, he placed the potential for B
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