According to a well-known crypto analyst, Bitcoin (BTC) must maintain its current price levels to avoid a significant drop. Michaël van de Poppe, a crypto trader with a large following on social media, warns that BTC could potentially lose $10,000 in value if it fails to hold its current position. He emphasizes that Bitcoin needs to stay within its range low to sustain upward momentum, and if it breaks below this level, it could reach a potential low of $52,000-$55,000 during the correction.

At the time of writing, BTC is trading at $61,966, experiencing a 5% increase over the week.

Van de Poppe also evaluates AIOZ Network (AIOZ), a blockchain project that aims to integrate Web3, AI, storage, and streaming. He believes that AIOZ has great potential and is one of the most promising assets in the market. He suggests that AIOZ should maintain a price range of $0.65-$0.68, and if it holds, he expects the next target to be around $1.35-$1.45. He describes AIOZ as a very strong asset.

Currently, AIOZ is trading at $0.853, with a 10% increase over the day.

Furthermore, Van de Poppe discusses the decentralized finance protocol Injective (INJ). Despite INJ’s significant decline since December, the analyst believes that the altcoin still has room for growth. He notes that INJ has experienced a 70% drop against Bitcoin, highlighting the importance of rotating investments to maximize returns. Van de Poppe suggests that INJ presents an attractive opportunity for a long-term investment.

As of now, INJ is valued at $23.69.

Please note that the opinions expressed in this article are not investment advice, and investors should conduct their own research before making any high-risk investments in cryptocurrencies or digital assets.