BTC could target $70K after Friday options expiry, says analyst

Prominent crypto trader and analyst Michaël van de Poppe has suggested that Bitcoin could begin to target a recovery to $70,000 following the options expiry on Friday. In a post on X, he noted that the broader market is showing signs of recovery, which he sees as a positive signal for Bitcoin. Van de Poppe predicted that if Bitcoin can maintain a price above $65,000, a rebound toward the $70,000 level will likely begin after the expiry.