Cryptocurrency analyst Michaël van de Poppe diagnosed that Bitcoin (BTC) is currently at a critical juncture. He stated via X, "If BTC fails to hold $71,000, it could fall to $61,000-$65,000. However, a scenario where BTC falls below $61,000 is unlikely, as this area is where the 200-day moving average is located, and deeper declines have not occurred in past market cycles. If the $71,000 support level is maintained and the $76,600 resistance level is broken, a strong uptrend and altcoin rally could emerge," he analyzed.
