Cryptanalyst and trader Michael van de Poppe, who is very popular in the crypto space, believes that the current correction of bitcoin is not over yet. In a new video, Van de Poppe told his 1Z6000 subscribers on YouTube that BTC could fall even more, but then he would start showing signs of recovery. "Thus, based on the Fibonacci extension tool, the previous high, the previous low, the key indicator and the key level to be watched become the area of about $57,000. This whole range ($57,000 - 59,000) that we have is actually the area that I want to see stable." Despite the fact that Van de Poppe expects a continued rollback of bitcoin, he is confident that in the future the largest cryptocurrency will regain bullish momentum and grow by 25% -50%. Based on the daily timeframe, we can still get to $75,000, get a small bearish divergence, and then make a small reversal… I think the next impulse wave is likely to push prices up to the $90,000 mark, this will be the next run based on the recent Fibonacci impulse movement. Largest Gainers in Crypto: #CryptoTrading
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