As Bitcoin Falls Again, Poppe Reveals the Level at Which He Plans to Buy

Analyst Michaël van de Poppe addressed the pullback in Bitcoin in a new analysis published this evening. Poppe stated that he plans to buy at $75,000 if the bullish scenario breaks down. The analyst cited fear ahead of tomorrow's US midterm elections as one of the main reasons for the sell-off at the beginning of the week, noting that the cryptocurrency market can react strongly to political expectations. On the technical side, he said that a correction occurred after the last peak was tested.