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Bitcoin price will see breakout ‘during this week’ says trader

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Michaël van de Poppe believes that upside is in store for BTC/USD in the coming days despite nervousness about Grayscale.

Bitcoin (BTC) closed beneath a key moving average for the eighth week in a row this weekend, but one analyst is betting on an imminent breakout.

Bitcoin balances breakout with Grayscale worries
Data from Cointelegraph Markets Pro and TradingView tracked Bitcoin as it reversed weekend gains on Monday after a disappointing weekly close.

Others were more upbeat. In his latest video update, fellow trader Michaël van de Poppe went as far as to call a BTC price breakout within days. I believe that Bitcoin is going to make a breakout to the upside,he forecast.

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