Popular Dutch analyst Michael Van de Poppe has predicted that bitcoin is likely to experience a 30% price correction in the near future. He tweeted this out yesterday but today, just a few hours before press time, the premier digital asset posted a new All-Time High (ATH) of $70k on coinmarketcap.com.

This is what he had to say on X (formerly Twitter):

Taking into account that there’s a halving happening on #Bitcoin, then the price action is still comparable to previous cycles.

The only difference; valuation is higher pre-halving due to the ETF.

What it does mean:– Top is near, 30% correction likely.– Altcoins to do well.

— Michaël van de Poppe (@CryptoMichNL) March 7, 2024

Basically Van…

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