Crypto analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin as 2022 comes to a close.

According to the cryptocurrency analyst, BTC could surge by about 108% from current levels should it take out the diagonal resistance of the falling wedge pattern.

“We are looking at a falling wedge structure for Bitcoin that you clearly want to see breaking out in 2023. And once we do break out of that, we’re going to have to have a rally towards $35,000.”

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