Analyst: BTC has short-term upside target of $90K

Crypto analyst Michaël van de Poppe has forecast a high probability that Bitcoin (BTC) will continue its ascent to $90,000 in the short term. He noted that BTC has recently shown sustained bullish momentum, adding that intermittent periods of consolidation and correction are healthier for the market than uninterrupted surges. Van de Poppe also pointed to continued inflows into spot ETFs, suggesting the supply-and-demand driven rally is likely to persist. He concluded that if this upward trend continues, BTC could soon reach the $90,000 level, which corresponds to its 50-week moving average (MA).