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Home»ALTCOIN NEWS»Crypto strategist Michaël van de Poppe says Ethereum-based altcoins could soar by more than 160% against Bitcoin.
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Crypto strategist Michaël van de Poppe says Ethereum-based altcoins could soar by more than 160% against Bitcoin.

By Crypto FlexsJanuary 20, 20242 Mins Read
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Crypto strategist Michaël van de Poppe says Ethereum-based altcoins could soar by more than 160% against Bitcoin.
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Crypto analyst and trader Michaël van de Poppe said one of the top 15 digital assets could soon surge against Bitcoin (BTC).

From de Poppe says 685,300 followers on social media platform

“Chainlink has maintained and will continue to maintain a significant level of support for BTC pairs. A decisive break above 0.00045 BTC is likely to lead to a subsequent rise to 0.0008-0.001 BTC.”

Source: Michaël van de Poppe/X

Looking at the chart, traders suggest that LINK/BTC is on the verge of a trend reversal and will break the key resistance level at 0.0004480 BTC ($18.63).

LINK/BTC is trading at 0.0003741 BTC ($15.59) at the time of writing.

merchant island weight Bitcoin emerged as the cryptocurrency king fell to a low of $40,000 this week. that Believe Bitcoin is in the early stages of its bull market cycle. correction At the $36,000 level.

“Bitcoin is not in a bear market. This is the beginning of a new upward cycle. However, as it is the beginning of a new bullish cycle, discussions between the two groups will be intense…

Perhaps we have already reached Bitcoin but it will most likely test lower before a back up reversal. My personal interest is in raising more money in Bitcoin between $36,000-$40,000. The scope remains defined.”

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Source: Michaël van de Poppe/X

Bitcoin is trading at $41,636, up slightly over the past 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created: DALLE3

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