Opportunity? Crypto expert reveals massive Bitcoin buy price point
After the long-awaited Bitcoin (BTC) halving event failed to kickstart an imminent massive rally, the cryptocurrency market is consolidating, providing an opportunity for those eyeing the flagship decentralized finance (DeFi) asset to purchase it at a lower price before the momentum eventually returns. As it happens, popular crypto trading analyst MichaĆ«l van de Poppe has observed that “boredom has come back into the markets,” and Bitcoin is “still consolidating within the range, through which this is now more than six weeks,” according to an X post published on April 23. Massive ‘buy the dip’ opportunity? That said, van de Poppe has also point ed out that “anything sub $60K is a massive buy opportunity,” suggesting that if the largest asset in the crypto sector drops below this critical price point , it would not be a bad sign but rather an opportunity to ‘buy the dip’ before an inevitable rally. Picks for you Bitcoin miners underwater as production costs surge post...