Top Crypto Analyst Says an Altcoin Dropped on ‘A Unique Opportunity’, Bitcoin and Ethereum Prediction Updates
A popular cryptanalyst says, Bitcoin (BTC) could test the $24,000 range before moving higher.
Crypto trader Michaël van de Poppe tells his 598,300 Twitter followers that BTC needs to break $29,600 to get back into the $30,000 area.
“Bitcoin has cleared all liquidity below the lows and has fallen towards the $26,000 block.
There is still a level around $24,000 that could be tested although the move is overextended.
If it wants anything higher, a break above $29,600 is required.”
Source: CryptoMichNL/Twitter
Bitcoin is trading at $29,381 at the time of writing, down 3.15% over the past 24 hours. that after market capitalization leading crypto asset is down 26% in the last 30 days.
Looking at the leading smart contract platform Ethereum, Van de Poppe says that ETH had a decent bounce from its May 11 low of $1,824 to its current level of $1,982.
“Decent, Ethereum.
Let’s continue the jump.”Source: CryptoMichNL/Twitter
Van de Poppe also comments on the Blockchain-Oracle LINKa cryptography that incentivizes the use of the Chainlink network, which connects smart contracts and allows any blockchain to access real-world data.
“LINK for $6 is a once-in-a-lifetime opportunity.”
Chainlink is trading at $6.59 at the time of writing, down 15% in the last 24 hours and down 52% over the last month.
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Source: Crypto News Deutsch