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Trader Michael van de Poppe believes that after the collapse to $42 thousand, bitcoin will begin to recover and reach the level of $69 thousand by the end of this year or the beginning of next year. According to the analyst, the first cryptocurrency has a chance to start recovering according to the V-shaped model, touching the minimum since the end of September. Van de Popper also claims that the value of bitcoin within the current correction should not fall below 40% of the historical maximum ($ 41500). Despite the collapse of the cryptocurrency to $42 thousand, the trader is confident that the asset is still in the bull market. Top Crypto Gainers Today:

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