{"id":28838,"date":"2024-09-09T21:15:06","date_gmt":"2024-09-09T18:15:06","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=28838"},"modified":"2024-09-09T19:05:02","modified_gmt":"2024-09-09T16:05:02","slug":"when-and-how-will-the-anticipated-bitcoin-bull-run-arrive","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/when-and-how-will-the-anticipated-bitcoin-bull-run-arrive\/","title":{"rendered":"When and How Will the Anticipated Bitcoin Bull Run Arrive?"},"content":{"rendered":"

Crypto analyst Micha\u00ebl van de Poppe has suggested that Bitcoin<\/a> (BTC) is gearing up for a bull run that could last at least two years.<\/p>\n

Micha\u00ebl van de Poppe, founder of MN Consultancy, referred to the recent market declines as the “final corrections.” His well-regarded analysis gained attention as he shared his thoughts with his followers on X.<\/p>\n

Van de Poppe set a price target of $53,000 for Bitcoin’s next dip. According to him, once this drop occurs, the crypto market is expected to enter its next bull cycle.<\/p>\n

\u201cBitcoin is Preparing for the Biggest Bull Cycle\u201d<\/strong><\/p>\n

Van de Poppe predicted that the six-month price consolidation of Bitcoin (BTC) is nearing its end. He believes BTC is about to emerge from “one of the most frustrating periods in its history.”<\/p>\n

On September 7, while analyzing the BTC\/USD pair, the analyst noted that “liquidity has been taken, and BTC bounced back to $54.8K.” He further commented that with liquidity absorbed, a potential breakout could happen at any moment:<\/p>\n

\u201cWe\u2019re expecting a maximum of $55.5K during this run, and then we may revisit $53K before a clear upward breakout. These are the final corrections, and then we\u2019ll see a two-year bull run.\u201d<\/p>\n

Van de Poppe\u2019s analysis also highlighted that the BTC\/USD pair is mirroring the behavior it exhibited in 2019 when compared to U.S. stocks. He believes this pattern signals the beginning of a long-term bull market.<\/p>\n

The analyst concluded by saying, “We can see a major correction in the markets that is close to ending.” Drawing parallels to 2019\u2019s dip, he added, “Just like in 2019 when Bitcoin dropped to $6,000, we might see it dip to $45,000-$50,000 this time.”<\/p>\n

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don\u2019t forget to follow us on our\u00a0Telegram<\/strong>\u00a0 ,<\/a>YouTube<\/strong><\/a>\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a> and updates.<\/em><\/p>\n

\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Micha\u00ebl van de Poppe has suggested that Bitcoin (BTC) is gearing up for a bull run that could last at least two years. Micha\u00ebl van de Poppe, founder of MN Consultancy, referred to the recent market declines as the “final corrections.” His well-regarded analysis gained attention as he shared his thoughts with his<\/p>\n","protected":false},"author":1,"featured_media":23955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[61,60,393,8532,8531],"class_list":["post-28838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-btc","tag-crypto","tag-mn-consultancy","tag-van-de-poppe"],"yoast_head":"\nWhen and How Will the Anticipated Bitcoin Bull Run Arrive? - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/when-and-how-will-the-anticipated-bitcoin-bull-run-arrive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When and How Will the Anticipated Bitcoin Bull Run Arrive? - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Micha\u00ebl van de Poppe has suggested that Bitcoin (BTC) is gearing up for a bull run that could last at least two years. 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