Cryptocurrency trader Michaël van de Poppe stated that Bitcoin (BTC) is presenting a "once-in-a-lifetime" accumulation opportunity, and pointed out that its current price is less than 5% below the current trading day's level. He cited historical lows in 2019, 2020, and 2022, and noted that on-chain data shows Bitcoin is the most oversold cryptocurrency since 2018. Van de Poppe believes that despite recent price declines and current sideways trading, the fundamentals of Bitcoin remain critically important.
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Cryptocurrency trader Michaël van de Poppe stated that Bitcoin (BTC) is presenting a "once-in-a-lifetime" accumulation opportunity, and pointed out that its current price is less than 5% below the current trading day's level. He cited historical lows in 2019, 2020, and 2022, and noted that on-chain data shows Bitcoin is the most oversold cryptocurrency since 2018. Van de Poppe believes that despite recent price declines and current sideways trading, the fundamentals of Bitcoin remain critically important.