Michael Van De Popp Predicts Bitcoin Price Will Hit $30,000.
As per Michael Van De Poppe, there are two important macroeconomic events that will help BTC hit $30k.
The first is the inflation rate - The analyst claims that a reduced inflation rate will push the flagship currency toward its next hit.
The trader also alerts his followers to look out for Jan 12 CPI data release which will decide Fed’s inflation rate.
Lastly, Van de Poppe believes that Bitcoin price should face a pullback before the bulls move beyond $17,500 after which BTC could hit $30.