Bitcoin Could Test $70K Amid Fears Of 'Black Monday' Panic, Says Analyst Van de Poppe, As Global Markets Slide On Trump Tariff Shock

Benzinga

Crypto analyst Michaël van de Poppe warned that Bitcoin could drop to $70,000 amid “Black Monday” panic selling, according to Benzinga. The warning comes as global markets face their worst downturn since March 2020. Van de Poppe predicted a volatile couple of weeks for Bitcoin, warning it could fall as low as $70,000 amid renewed market lows. Van de Poppe sees potential recovery only if Trump delays tariffs or the Fed calls an emergency meeting. He remained optimistic about Bitcoin long-term and called this correction a buying opportunity.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Crypto analyst Michael Van De Pop warned that Bitcoin could drop to $70,000 amid Black Monday

00:07panic selling, according to Benzinga. Worry comes as global markets face their worst downturn

00:12since March 2020. Van De Pop predicted a volatile couple of weeks for Bitcoin,

00:16where it could fall as low as $70,000 amid renewed market lows. Van De Pop sees potential recovery

00:22only if Trump delays tariffs or the Fed calls an emergency meeting.

00:26Remain optimistic about Bitcoin long term and call this correction as a buying opportunity.

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