- Michael van de Poppe debunked the idea of Bitcoin dropping to $12K before a bull run.
- The analyst opposed the idea of the altcoin market crashing again before going up.
- Van de Poppe attributed the bear market to attacks on the blockchain ecosystem in 2022.
Michael van de Poppe, the founder of MN Trading, has debunked the idea that Bitcoin would drop to $12,000 before embarking on another bull run. The well-known crypto analyst also opposed the idea that the altcoin market would experience another crash before going up.
Investors Perspective in Crypto Markets Follows HistoryI’ve seen many people suggesting that we’ll see Bitcoin drop to $12,000 and altcoins to have another capitulation. I don’t think we’ll have that and in this post I’ll explain why.