Crypto analyst Michaël van de Poppe warned that Bitcoin could drop to $70,000 amid “Black Monday” panic selling, according to Benzinga. The warning comes as global markets face their worst downturn since March 2020. Van de Poppe predicted a volatile couple of weeks for Bitcoin, warning it could fall as low as $70,000 amid renewed market lows. Van de Poppe sees potential recovery only if Trump delays tariffs or the Fed calls an emergency meeting. He remained optimistic about Bitcoin long-term and called this correction a buying opportunity.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Crypto analyst Michael Van De Pop warned that Bitcoin could drop to $70,000 amid Black Monday
00:07panic selling, according to Benzinga. Worry comes as global markets face their worst downturn
00:12since March 2020. Van De Pop predicted a volatile couple of weeks for Bitcoin,
00:16where it could fall as low as $70,000 amid renewed market lows. Van De Pop sees potential recovery
00:22only if Trump delays tariffs or the Fed calls an emergency meeting.
00:26Remain optimistic about Bitcoin long term and call this correction as a buying opportunity.