A widely respected cryptocurrency analyst is laying out his vision for Bitcoin (BTC), putting his spotlight on two major altcoin projects.
Cryptocurrency trader Michaël van de Poppe says He has 697,100 followers on social media platform X, where he expects BTC to consolidate.
“My vision for Bitcoin is the same.
I think we will consolidate, and we will see altcoins gain momentum during that period.
At this point, Chainlink is already showing impressive upward momentum.”
At the time of writing, the value of BTC is $43,088, up 2% in the last 24 hours.
Regarding Chainlink (LINK), the analyst noted that the decentralized oracle provider is already starting another rally.
“It is a good mood for LINK to start its new run.
This bull market is likely to have a bigger impact than previous bull markets.
Let’s go and catch it!”
According to From de PoppeLINK’s long hibernation period will soon end.
“Chainlink will face significant resistance before the end of its two-plus year build-up period.”
LINK is worth $17.86 at the time of this writing, up 13% from the previous day.
Altcoin projects like Chainlink and Polkdot (DOT) advertise themselves as “interoperable blockchains,” according to analysts. actual value To the blockchain ecosystem.
“I invest in projects that have real-world use cases and can bring additional value to the entire ecosystem.
“I think that’s why projects like Polkadot and Chainlink are great.”
DOT is trading at $6.80 at the time of this writing, up 4% in the last 24 hours.
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