{"id":80611,"date":"2023-06-22T14:45:59","date_gmt":"2023-06-22T11:45:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80611"},"modified":"2025-09-11T18:01:49","modified_gmt":"2025-09-11T15:01:49","slug":"trader-says-the-bull-market-has-begun","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trader-says-the-bull-market-has-begun\/","title":{"rendered":"Trader says the bull market has begun"},"content":{"rendered":"<p>$28,500 \u2014 excellent level to open longs ahead of Bitcoin&#8217;s move to $40,000. This view was shared by Micha\u00ebl van de Poppe, founder of trading platform Eight.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> looking at this scenario. <\/p>\n<p>I think, $28,500 is a great spot for longing, the lower the better, but I think that&#8217;s the zone where you want to get it before we&#8217;ll continue to $40,000. <a href=\"https:\/\/t.co\/5ZmHWU9qg6\">pic.twitter.com\/5ZmHWU9qg6<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1671784268337500162?ref_src=twsrc%5Etfw\">June 22, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u2018Welcome to the new bull cycle\u2019<\/em>, the specialist said.<\/p>\n<\/blockquote>\n<p>According to him, levels below $28,500 are even more favorable for opening long positions.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Welcome in the bull cycle!<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1671773768140615681?ref_src=twsrc%5Etfw\">June 22, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Van de Poppe noted that the Bitcoin-dominance index is approaching a key resistance level; in his view this will lead to Bitcoin consolidation and a shift of market attention to altcoins.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> dominance approaching next point of resistance, while <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> reaches the next point of resistance as well.<\/p>\n<p>Probably <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> will start to consolidate, so <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&#038;ref_src=twsrc%5Etfw\">#Altcoins<\/a> have some period of relief approaching and can pick up pace. <a href=\"https:\/\/t.co\/5oxf75gorA\">pic.twitter.com\/5oxf75gorA<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1671766466503532544?ref_src=twsrc%5Etfw\">June 22, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"forklog\/31658\" data-width=\"100%\"><\/script><\/p>\n<p>Earlier in May, van de Poppe<a href=\"https:\/\/u1f987.com\/en\/news\/trader-urges-pulling-money-from-banks-and-putting-it-into-gold-and-bitcoin\"> urged<\/a> investors to &#8216;take out&#8217; money from banks and invest it in hard assets such as precious metals, bitcoin, and other cryptocurrencies.<\/p>\n<p>Earlier, MicroStrategy founder Michael Saylor <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-forecasts-a-multi-fold-rise-in-bitcoin-thanks-to-regulation\">predicted<\/a> a multi-fold rise in digital gold thanks to regulation. In his view, the actions of the <span data-descr=\"Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> lay the groundwork for the next bull phase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Micha\u00ebl van de Poppe: $28,500 is an excellent level to open long positions ahead of Bitcoin&#8217;s move to $40,000.<\/p>\n","protected":false},"author":1,"featured_media":80612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1138],"class_list":["post-80611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=80611"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80611\/revisions"}],"predecessor-version":[{"id":80613,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80611\/revisions\/80613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80612"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}