Crypto analyst Michael van de Poppe believes that Bitcoin is still experiencing a correction but remains in an overall uptrend. He suggests that instead of hoping for a price of $12,000, it is important to focus on potential support levels.

If Bitcoin bounces back to $26,600, Van de Poppe thinks that traders have already noticed local lows. Meanwhile, Litecoin is entering an interesting zone with the upcoming halving, but the market has shown little interest despite the potential for acceleration if Bitcoin falls short.