• Crypto trader Michaël van de Poppe says Bitcoin (BTC) is still fine and Litecoin (LTC) is approaching many support levels.
• He believes if BTC bounces back to $26,600 today, then the low has been seen.
• Van de Poppe also notes that there’s barely any interest in LTC despite its upcoming halving.
Crypto Trader Says Things are Still Fine for Bitcoin (BTC)
Crypto trader Michaël van de Poppe tells his 557,200 Twitter followers that BTC’s most recent correction is healthy in an overall upward trend. Furthermore, if BTC bounces back toward the $26,600 level today, then Van de Poppe thinks BTC traders have already witnessed Bitcoin’s local low.
Watchful Eye on Litecoin (LTC)
Moving on to peer-to-peer crypto Litecoin, Van de Poppe says the markets are barely showing any interest in LTC despite its upcoming halving. He suggests looking at whether $80-83 sustains as support for LTC.
BTC Price Action
At the time of writing, BTC is worth $26,245 – down 4.4% in the last seven days. Meanwhile LTC is worth $84.72 – down 10% in the last seven days.
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