Michaël van de Poppe: Bullish on Bitcoin, Bearish on Gold
Michaël van de Poppe states he is bullish on Bitcoin while bearish on gold, planning to rotate future crypto profits into gold and silver with targets at $3,200 or $2,500.
SourceAnalysis
Michaël van de Poppe declares himself bullish on Bitcoin and bearish on Gold, intending to rotate crypto profits into scarce assets like gold and silver once volatility subsides.
Bitcoin trades at $80170.26 on the 4h chart beneath the EMA50 at $81924.88 and EMA200 at $81978.96, locking in a bearish structure reinforced by the MACD death cross at -558.54; RSI at 34.41 remains neutral while price holds inside the Bollinger bands between $79199.94 support and $84427.96 resistance, suggesting a test of lower-band support before any sustained recovery.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast