Michael van de Poppe: BTC will rise to $ 300,000

A series of recent posts by influential figures in the cryptocurrency community on the X platform showed a bullish picture for bitcoin, and one analyst said he expects the market’s flagship BTC $62,827.61 Bitcoin 0.17% Market capitalization $1.24 trillion VOL. 24 hours $1.29 billion to grow to $ 300 thousand.

Michael van de Poppe identified the current range for bitcoin. The expert suggested that although it is possible for bitcoin to halve, buying when it falls below $ 41,000 seems to be a «reasonable strategy.» De Poppe expects that the volatility of the main cryptocurrency will precede bitcoin’s growth to the «impressive mark» of $ 300,000. This outlook is consistent with the expectation of a significant increase in the value of the cryptocurrency, especially as the halving approaches. Usually, a halving of miners' remuneration provokes a bullish trend for BTC.

Adding to this optimistic outlook, another expert known as Crypto Nova reflected on the recent performance of various altcoins. The expert believes that despite their success, bitcoin’s dominance remains at a multi-year high, which indicates that it is still the leader in terms of global market liquidity.

As a reminder, analyst Thomas Farrer predicted when bitcoin would reach $ 500,000. The expert expressed confidence that the price of the flagship currency will reach and even exceed the desired mark after the next halving.