Bitcoin Expected to Surge Amid Dollar Weakness, Analyst Predicts
- Bitcoin may increase by over 82% from its current value, according to analyst Michaël van de Poppe.
- The cryptocurrency briefly crossed $110,000 for the first time in its history before slightly retracing to $109,639.
- Van de Poppe suggests Bitcoin could reach $120,000, $150,000, and even $200,000 due to the weakening US dollar.
- Ethereum needs to maintain a support level of $2,410 on the six-hour chart to potentially reclaim $3,000 soon.
- Ethereum is currently trading at $2,556 with a 1.1% increase in the last 24 hours.
Michaël van de Poppe forecasts significant growth for Bitcoin as it trades at $109,639 after reaching a historic high of over $110,000. Ethereum’s potential rise depends on maintaining key support levels.
Source (2.6)https://dailyhodl.com/2025/05/22/bitcoin-primed-to-go-higher-faster-than-expected-says-analyst-michael-van-de-poppe-here-are-his-targets/?rand=59076
