BlockBeats News, May 4th. According to Cointelegraph, crypto analyst Michaël van de Poppe stated, "Despite Bitcoin's recent strong rebound, there is still enough room for a retracement to the support level. I would prefer to see Bitcoin stay above $91,500 to $92,000. For me, this would confirm the continuation of the uptrend as the previous range support has once again turned into effective support, indicating a potential push towards a new all-time high (ATH). Cryptocurrencies and altcoins often experience a correction in the week leading up to the Federal Reserve meeting, and it is speculated that this correction will conclude around Tuesday, followed by a rebound."
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