{"id":574531,"date":"2024-09-09T11:48:13","date_gmt":"2024-09-09T11:48:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=574531"},"modified":"2024-09-09T11:48:13","modified_gmt":"2024-09-09T11:48:13","slug":"bitcoin-price-prediction-as-michael-van-de-poppe-sees-btc-plunging-to-45k-and-traders-rush-to-buy-this-ico-before-its-too-late","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-michael-van-de-poppe-sees-btc-plunging-to-45k-and-traders-rush-to-buy-this-ico-before-its-too-late","title":{"rendered":"Bitcoin Price Prediction As Michael Van De Poppe Sees BTC Plunging To $45K And Traders Rush To Buy This ICO Before It&#8217;s Too Late"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Bitcoin price rose by a fraction of a percentage in the last 24 hours <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">to trade at $54,916<\/a> as of 03:46 a.m. EST on trading volume that soared 42% to $22 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There may be worse to come before things get much better, according to crypto analyst Micha&euml;l van de Poppe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He sees BTC plunging to as low as $45,000 before rate cuts from the Federal Reserve, a weakening US economy, and liquidity injections from China help bring about &ldquo;the biggest bull cycle ever.&rdquo;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Big <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Crash Coming?<\/p>\n<p>That&rsquo;s the sentiment and the primary question.<\/p>\n<p>The crypto markets have been terrible in return for 2024, through which the general consensus is whether a big crash is occurring.<br>I discuss this in my latest video:<a href=\"https:\/\/t.co\/T8lKgu9OFm\">https:\/\/t.co\/T8lKgu9OFm<\/a><\/p>\n<p>My short&hellip; <a href=\"https:\/\/t.co\/iVl7TkBkHE\">pic.twitter.com\/iVl7TkBkHE<\/a><\/p>\n<p>&mdash; Micha&euml;l van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1832784788278624552?ref_src=twsrc%5Etfw\">September 8, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Bitcoin Price Prediction: BTC Could Sustain The Bearish Trend<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Bitcoin price has been on a downward trend in September, transitioning to a bearish phase, breaking from the $59,000-$62,000 resistance zone. BTC breached the yellow ascending trend line, indicating a shift from an upward trend to a downward trend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The recent downward trend has also forced the price of Bitcoin to trade below both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the current price correction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, the Relative Strength Index (RSI) seems to be rebounding from the 30-oversold region as it soars towards the neutral zone, currently at 41, which indicates that buyers are now preparing to buy at this point.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Fair Value Gap (FVG) between $45,000 and $50,000 remains a long-term target for a continued bearish move.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-574533 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/BTCUSDT_2024-09-09_10-46-13.png\" alt=\"\" width=\"1281\" height=\"555\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/BTCUSDT_2024-09-09_10-46-13.png 1281w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/BTCUSDT_2024-09-09_10-46-13-300x130.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/BTCUSDT_2024-09-09_10-46-13-1024x444.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/BTCUSDT_2024-09-09_10-46-13-768x333.png 768w\" sizes=\"(max-width: 1281px) 100vw, 1281px\"><\/p>\n<p><span style=\"font-weight: 400;\">BTCUSDT Chart Analysis (Source: Tradingview)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bearish trend continues, Bitcoin could sink lower to $45,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bulls stage a bullish trend reversal, BTC could soar above the $62,000 resistance as they target the $69,000 resistance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the Bitcoin price bulls remain uncertain, investors are rushing to buy <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/thememegames\" rel=\"nofollow\"><span style=\"font-weight: 400;\">The Meme Games (MGMES)<\/span><\/a><span style=\"font-weight: 400;\">, which has less than a day remaining in its presale.<\/span><\/p>\n<h2><b>The Meme Games Offers Last Chance To Buy One Day Before Launch<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Meme Games, which has raised more than $442K, i<\/span><span style=\"font-weight: 400;\">ntroduces an Olympic-style competition to the meme coin space, featuring iconic internet memes such as Dogecoin, Pepe, Dogwifhat, Brett, and Turbo.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">CRYPTO BREAKING NEWS<br>The Meme Games raises over $100K on  opening day of presale. The Meme Games presale raises over $100K in its  first 24 hours, capturing attention in the booming memecoin sector.  <a href=\"https:\/\/twitter.com\/hashtag\/partnercontent?src=hash&amp;ref_src=twsrc%5Etfw\">#partnercontent<\/a> check us out @ <a href=\"https:\/\/t.co\/8dh137buUp\">https:\/\/t.co\/8dh137buUp<\/a> <a href=\"https:\/\/t.co\/YwzyP2glE4\">pic.twitter.com\/YwzyP2glE4<\/a><\/p>\n<p>&mdash; InnovatekMobile (@Neome_com) <a href=\"https:\/\/twitter.com\/Neome_com\/status\/1813619814491177134?ref_src=twsrc%5Etfw\">July 17, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Investors can back one of these five meme coin athletes in a virtual competition by purchasing MGMES tokens. If your chosen meme wins, as determined randomly through blockchain technology, you&rsquo;ll receive a 25% bonus on your initial investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Such a unique concept rewards presale buyers with token bonuses for winning events, which adds an exciting competitive element.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Selecting a meme athlete takes place randomly and is verified by blockchain technology, which ensures fairness.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Token holders can also earn passively from the project&rsquo;s staking mechanism by<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/thememegames\" rel=\"nofollow\"> <span style=\"font-weight: 400;\">buying and staking $MGMES<\/span><\/a><span style=\"font-weight: 400;\"> for an impressive annual percentage yield (APY) of 443%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to 99Bitcoin, a prominent YouTube channel with over 706K subscribers, $MGMES could soar 100X after its launch tomorrow.<\/span><\/p>\n<p><iframe title=\"New 100X Potential Meme Coin (The Meme Games) - Next PEPE Coin or BRETT?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/cZ3O1BiDxcs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/thememegames\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Buy $MGMES tokens for $0.00945 each from the official website here<\/span><\/a><span style=\"font-weight: 400;\"> using ETH, BNB, USDT, or a bank card. Buy now to win a 25% bonus on your investment.<\/span><\/p>\n<h2><b>Related News<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-vista-ethervista-price-soars-12-and-this-might-be-the-next-crypto-to-explode\"><span style=\"font-weight: 400;\">Is It Too Late To Buy VISTA? Ethervista Price Soars 12% And This Might Be The Next Crypto To Explode<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-presales\"><span style=\"font-weight: 400;\">Best Crypto Presales to Invest in Now for 10x Gains in 2024<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\/credit-card\"><span style=\"font-weight: 400;\">How to Buy Bitcoin with Credit Card<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; Coinsult Audited<\/li>\n                                                                                                    <li>Staking Rewards - 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