Cryptocurrency analyst Michael Van de Pop has stated in his overall market outlook that despite short-term volatility, the upward trend can be maintained.

The analyst described the current market conditions as "positive," indicating that a consolidation phase may be followed by a sustained bullish trend.

Van de Pop argued that Bitcoin is experiencing a short-term correction, but he emphasized that this is not a cause for concern. According to the analyst, we may see a quick market rebound if geopolitical developments calm down and a potential ceasefire becomes permanent. In this scenario, Van de Pop expects Bitcoin to surge strongly toward the $80,000 level in April, adding that maintaining the $69,500 level is crucial to achieving this.