Analysis: Predicting BTC will find support at $57,000 and move upward, with the possibility of reaching a new high in October

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Odaily Planet Daily News MN Trading founder Michaël van de Poppe posted on X, “BTC has not absorbed Liquidity, but is following this plan. I expect it to fall to around $57,000, then find support in this range and continue to rise.” Gold is hitting record highs and BTC is also expected to follow suit, possibly hitting new highs in October. Yesterday’s news, Poppe said: “Driven by debt refinancing, global Liquidity is about to surge, which may trigger the next BTC Bull Market. encryption assets and commodities are still ‘extremely undervalued’, and the last time commodities were valued at a similar level was in 2000 and 1971. Commodities are likely to enter a 10-year Bull Market. I expect these two asset classes to have a lot of pump space.”

BTC0.84%
X2.29%
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