The price of Bitcoin (BTC) witnessed a huge rally recently as it officially ceased its extended consolidation period. This price rebound has injected bullish momentum onto the broader market as investor sentiment has also turned positive. Moreover, there is a strong likelihood of more gains from the coin as bullish signals have emerged.
Renowned crypto analyst and trader MichaĂ«l van de Poppe has shared his insightful analysis of Bitcoinâs future. Earlier today, he tweeted and explained that the BTC price is following the plan, and bullish moves are expected. The analyst explained that he is keeping a close eye on the next resistance level for Bitcoin, possibly the $66,000 range.
Michaël van de Poppe revealed that the market may witness a pullback if this level turns into a resistance zone. However, he mentioned that the broader scenario remains quite bullish, and he is expecting that the Bitcoin price will witness a new all-time high (ATH) in October, which is almost 10 days away.
