Bitcoin: $500k+ Bull Cycle Targets Emerge
Bitcoin at $64196 eyes $500000+ targets as prior shallow cycle misleads traders into early exits per Michaël van de Poppe.
SourceAnalysis
Bitcoin traders risk selling too early in the next bull run because the prior cycle stayed shallow and failed to extend higher, leaving many anchored to outdated BTC price prediction models.
Michaël van de Poppe flags $500,000+ as realistic this cycle, aligning with Bitcoin cycle models predicting $500k bull market targets that compare halving depths from recent periods.
Price at $64196.05 sits above the EMA50 support at $63307.94 while testing upper Bollinger resistance near $64621.36; with RSI at 57.24 neutral and MACD showing a death cross, a measured pullback to the EMA200 at $63921.06 offers the cleanest entry before continuation higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast