It’s been a few months since the market has basically gone to the side, and price fluctuations are not nearly as great as they were last year. However, this is understandable, precisely given the huge growth over the past year, as the market simply has to gradually gain strength for further growth, but the overall prospects where the market will go are understandably different. Cryptome trading expert Michaël van de Poppe also commented on this topic, believing that the most valuable digital currency is expected to grow sharply, despite the fact that the price has stuck between USD 40,000 and 38,000 in recent weeks.
“I clearly want to see it sustain above $39,000..“
Michael, like many others before him, pointed to a relatively strong correlation between the BTC and the US dollar, which in the current state of the world economy has found itself in an unpleasant turbulent situation. Of course, it must be borne in mind that no one knows what will really happen, as the price is always influenced mainly by the fundamentals of the world and no prediction can be taken for granted. We will have to wait for the situation to develop.