Michaël van de Poppe, founder of MN Trading, wrote on X: "I am still satisfied with the decision to take out counterfeit products. This topic has generated a lot of criticism and feedback, which is good. Everyone has a different strategy. I have invested in these assets for a long time and some have not paid off. My argument has not changed."
MN Trading founder Michaël van de Poppe said that this week's US unemployment data could push bitcoin to new highs. The market is already bracing for data that could affect the market.
Michael van de Poppe, founder of MN Trading, said that there is a huge correlation between ETH and Treasury yields. Initial rate cut of 50 basis points = ETH up 11%; Sentiment swaps + rising yields = ETH down; Expect the bull market of counterfeit products to start with the next Fed meeting rate cut.
MN Trading founder Michaël van de Poppe wrote on X: "Bitcoin is not absorbing liquidity, but is following this plan. I expect it to fall to around $57,000 and then find support in that range and continue to rise. Gold is hitting all-time highs, and Bitcoin is expected to follow that path, possibly hitting a new high in October. " Yesterday's news, Poppe said: "Driven by debt refinancing, global liquidity is about to surge, but...