{"id":136106,"date":"2024-08-23T19:00:56","date_gmt":"2024-08-23T16:00:56","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136106"},"modified":"2024-08-23T16:47:04","modified_gmt":"2024-08-23T13:47:04","slug":"bitcoin-could-reach-new-ath-in-september-if-it-breaks-this-resistance-level","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-could-reach-new-ath-in-september-if-it-breaks-this-resistance-level\/","title":{"rendered":"Bitcoin Could Reach New ATH in September if it Breaks This Resistance Level"},"content":{"rendered":"<p>According to Van de Poppe, a 2.25% increase from <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s current price<\/a><\/strong> could propel it to new ATHs by early September.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">It feels great to have the market breaking out.<a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> bouncing upwards, onto the final resistance at $62K.<\/p>\n<p>If that breaks, then it\u2019s close to getting a new ATH in September.<\/p>\n<p>Expecting a lot of positive inflow in the data on the ETF tomorrow. <a href=\"https:\/\/t.co\/Etr1LJIA1b\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/Etr1LJIA1b<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1826348717328531603?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 21, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He notes that Bitcoin is currently trading around $60,636, and overcoming the $62,000 mark could set the stage for a record-breaking surge.<\/p>\n<p>This optimistic view is bolstered by expectations of positive data inflows from Bitcoin-related exchange-traded funds (ETFs) expected later in August.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/analyst-predicts-big-gains-for-bnb-and-upcoming-bitcoin-breakout\/\" title=\"Analyst Predicts Big Gains for BNB and Upcoming Bitcoin Breakout\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/02\/image1-15-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Analyst Predicts Big Gains for BNB and Upcoming Bitcoin Breakout<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>In addition to his Bitcoin outlook, Van de Poppe is also eyeing <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum\u2019s<\/a> <\/strong>potential. He emphasizes the importance of Ethereum breaking the $2,700 resistance level, which could lead to a significant upward movement in the altcoin market.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Ethereum<\/a> looks excellent, but it needs to continue climbing upwards.<\/p>\n<p>Crucial level to break: $2,700.<\/p>\n<p>There is nothing between $2,700 and $3,100, likely triggering a big upward run on <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Altcoins<\/a>. <a href=\"https:\/\/t.co\/oZ99vN8soU\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/oZ99vN8soU<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1826597691893448735?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Should Ethereum maintain its position above $2,500, he predicts it could reach $3,150, driven by renewed momentum from the ETF sector.<\/p>\n<p>Van de Poppe\u2019s analysis highlights a generally positive sentiment in the crypto space, with potential bullish trends for both major cryptocurrencies if key resistance levels are breached.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto strategist Micha\u00ebl van de Poppe is bullish on Bitcoin&#8217;s future, forecasting that the cryptocurrency could set new all-time highs if it breaks a significant resistance level.<\/p>\n","protected":false},"author":3,"featured_media":132367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-136106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Could Reach New ATH in September if it Breaks This Resistance Level<\/title>\n<meta name=\"description\" content=\"Crypto strategist Micha\u00ebl van de Poppe is bullish on Bitcoin&#039;s future, forecasting that the cryptocurrency could set new all-time highs ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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