Expert Trader Shares Predictions on Bitcoin (BTC) and Altcoin Prices: What’s Next?
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- Crypto analyst Michaël van de Poppe has revealed his predictions for Bitcoin and altcoins in the upcoming period.
- After Bitcoin’s rise following the announcement of weak economic data from the US, the analyst stated that cryptocurrencies almost always experience a sell-off before FOMC meetings.
- Van de Poppe also suggested that the total crypto market value could soon reach an all-time high, and altcoins could triple their values within two months.
Renowned crypto analyst Michaël van de Poppe shares his predictions for Bitcoin and altcoins, suggesting a potential surge in the crypto market value.
Bitcoin’s Rise Amid Weak US Economic Data
Following the announcement of weak economic data from the US, Bitcoin experienced a significant rise. According to crypto analyst Michaël van de Poppe, this is a common trend, with cryptocurrencies almost always experiencing a sell-off before FOMC meetings. The analyst also noted that the poor economic data led to a challenging week for the DXY index.
Bitcoin Price Predictions
Van de Poppe predicts a correction in the Bitcoin price to the level of $60,000 to $61,000, after which he believes the world’s largest cryptocurrency will m... Read the full article for FREE at COINOTAG!