Mars Finance News: Michaël van de Poppe Predicts Bitcoin Dip and Subsequent Rise

Michaël van de Poppe, founder of MN Trading, posted on X, stating that "Bitcoin isn't absorbing liquidity but is following the plan. I expect it to dip to around $57,000, find support in that range, and continue upwards. Gold is hitting new all-time highs, and Bitcoin is poised to follow the same path, potentially hitting new highs in October."

Yesterday, Poppe expressed that "With debt refinancing driving global liquidity, we're poised for a massive liquidity surge, potentially sparking the next Bitcoin bull run. Crypto assets and commodities remain 'severely undervalued'. The last time commodities were at similar valuation levels was in 2000 and 1971. Commodities are likely entering a decade-long bull market. I expect both asset classes to see significant upside."