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Bitcoin Faces Key Support Test: Analyst Predicts $65K Drop if $68K Fails
Bitcoin surged to $87K midweek but dropped to $83K after the Trump Tariff announcement. With $89M in liquidations, mostly from long traders, concerns are growing.
Crypto analyst Michaël van de Poppe reassures investors, calling the dip a normal post-halving reset. He warns that if Bitcoin breaks below $68K, it could drop to $65K. However, he highlights Bitcoin’s long-term uptrend and suggests altcoins could gain traction as Bitcoin consolidates.
Key Levels to Watch:
Support: $68K (critical level), $65K (potential drop)
Resistance: $87K
Investor Insight: Smart money sees corrections as buying opportunities. Stay cautious but consider long-term trends.
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