CoinWires news: The well-known crypto analyst Michael van de Poppe predicts that if Bitcoin (BTC) keeps its current momentum, it could rise to $70,000 within two weeks. He noted that Bitcoin must reclaim the $65,500 resistance level in order to aim for the next major breakout point. According to CryptoQuant data, short-term Bitcoin holders are buying assets after the recent market dip. Today, the Bitcoin price is up nearly 2.7%, currently trading at about $64,400, close to the key $65,543 resistance level. The analyst believes Bitcoin is building strength and expects that the market will not fall.

BTC1.78%
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CandlewickKid
· 1h ago
From two weeks to seventy thousand? At this rate, hitting one hundred thousand by year-end isn’t a dream—go all in.
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RugProofRita
· 2h ago
The resistance level has been tested repeatedly, and this time the volume is larger than on the previous occasions. It feels like it really might break through.
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UnderTheWisteriaBridge
· 2h ago
It’s interesting to look at the dip-buying data from short-term holders, but the key is still to watch ETF fund flows.
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ReflectiveKey
· 2h ago
If 65.5k can’t hold steady, then 70k is just wishful thinking—let’s see the US stock market at open tonight first.
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