Michaël van de Poppe gave his price predictions for bitcoin and ethereum during the current bull cycle.
In a tweet, van de Poppe said it was difficult to predict bitcoin’s price in the short-term due to the influence of unforeseen market factors, such as Elon Musk’s endorsement of BTC. However, the veteran trader predicted bitcoin would continue to consolidate ahead of a new impulse move.
Where does #Bitcoin go from here?
Short term – it’s hard.
Many outliers and variables, like #ElonMusk yesterday, could move the price substantially.
Overall, I still expect more consolidation to occur before a new impulse move can start to happen.
— Michaël van de Poppe (@CryptoMichNL) January 30, 2021
Van de Poppe ultimately predicted the price would retest $40,000 and a new all-time high, before topping in the cycle at $300,000 or more.
Michaël van de poppe
However, Bitcoin has been rejected twice at that resistance point in the past month.
The analyst also takes a look at Ethereum, specifically its Bitcoin pair, to hold 0.057 satoshis (sats) and break through resistance at 0.063 sats.
Van de Poppe says that if ETH/BTC can break through that difficult zone, the next point of resistance will be at 0.074 sats.
Van de Poppe is also looking at decentralized supply-chain tracker VeChain (VET), which, according to him, remains in a downtrend against Bitcoin.
VET will likely re-test critical support at 0.0000025 sats, he says. If that holds, VeChain could bounce toward upward resistance at 0.00000273 sats.
Otherwise, VET is likely going to re-test a support at 0.00000158 sats, says the trader
“The view on VET hasn’t changed, in which we’re still trending down.
Michaël van de poppe wikipedia
High-profile crypto strategist and trader Michaël van de Poppe is predicting that Cardano (ADA), Litecoin (LTC), and Zilliqa (ZIL) are almost ready to ignite the next phase of their bull cycles.
In a new video, the crypto analyst tells his 76,700 YouTube subscribers that Cardano is ripe to end its multi-month consolidation against Bitcoin (ADA/BTC).
“If we do crack the range high, I think we’re going to have a new impulse wave and start to continue running. In a new impulse wave, you should be aware of the fact that you have a [resistance to support] flip of this level at 0.0000235.
Michaël van de poppe net worth
Looking at the long-term chart, the trader adds that the bull cycle of ADA/BTC is still in the early innings as he believes the pair has a lot of upside potential.
As for the ADA/USD pair, Van de Poppe says that a breach of the pair’s immediate resistance will catapult Cardano to as high as $2.40.
“I think once we break this red line ($1.36), we just overshoot the previous high, start consolidating and then start continuing as then the previous breaker becomes the previous high as a support zone. As long as that flips, we just continue moving.”
The crypto strategist is also keeping a close watch on Litecoin, which he says is poised to ignite a 65% move against Bitcoin (LTC/BTC).
“Litecoin looks great for a bullish impulse wave.”
Another coin on Van de Poppe’s radar is Zilliqa, the blockchain for enterprise solutions.
Michael van de poppe youtube
My personal point of interest lies around the 350 sats [0.0000035 BTC or $0.13] region.”
Another coin on the trader’s list is payments infrastructure platform COTI (COTI). Van de Poppe says he expects COTI to print a bullish higher low setup against Bitcoin (COTI/BTC) before launching a 35% rally to his target at 0.00001 BTC ($0.38).
“This one is currently acting into resistance. Flipping that = probable trade to make. Otherwise, looking at a test around 740 sats [0.000074 BTC or $0.28] for a potential long entry.”
Van de Poppe is also keeping a close watch on the native asset of Hathor (HTR), a scalable cryptocurrency alternative that combines direct acrylic graph technology with decentralized blockchain technology.
Michael van de poppe cardano
According to Michaël van de Poppe, a popular crypto analyst and trader, Chainlink (LINK), Aave (AAVE) and three smaller altcoins (SNX, COMP and ICX) are waking up after the big market correction in May.
Van de Poppe tells his 350K followers on Twitter that Chainlink looks ready for a 25% rally against Bitcoin pair (LINK/BTC) from its current value of 0.0006.
“Chainlink looking ready for continuation here.75,000 satoshis (0.00075) is on the horizon.Still a massive buy.”
#Chainlink looking ready for continuation here.
75K sats are on the horizon.
Still a massive buy.
Michael van de poppe predictions
Widely-followed cryptocurrency analyst and trader Michaël van de Poppe draws critical price levels for Bitcoin (BTC), Ethereum, VeChain and Kava.
The analyst shares with his 352K followers on Twitter that Bitcoin continues to consolidate in the low-$30,000 range.
Van de Poppe said that if the top Bitcoin fell from the $32,500 area, it would likely shoot down to $31,000, which is what happened. The largest crypto lost $32,500 support and fell to $31,247.
“Bitcoin still barely holding support here. If this is lost, I’m looking at the final hurdle around $31K for support on this one.For now, it’s still consolidating overall.”
Looking the upside, $34,673 is a key point of resistance that BTC would need to break to change the course, according to the trader.
Michael van de poppe bitcoin
He sees Polkadot to settle between $250 to $350, Chainlink $250 to $350, Cardano $10 to $20, Zilliqa $5 to $7, Elrond will reach $500 to $750 and DIA will land between $50 to $75.
According to the analyst, some of his predictions could even be conservative.
While the entire crypto market cap fell by around 30% from the peak recorded earlier this month, van de Poppe pointed out that some investors exited their altcoin positions at a very bad time.
Some #altcoins are erasing their entire loss of the past week.
Probably we’ll see more following suit without a real retrace or retest.
Leaving the people behind that sold at the lows, those are wiped out.
It’s a hard market.
— Michaël van de Poppe (@CryptoMichNL) May 26, 2021
“Some altcoins are erasing their entire loss of the past week.
Michael van de poppe instagram
Closely followed crypto strategist and trader Michaël van de Poppe is looking at what’s ahead for Ethereum (ETH) competitor Avalanche (AVAX) and four additional altcoins.
Van de Poppe tells his 567,500 Twitter followers that he’s looking at a key resistance area for Avalanche that could trigger a rally for the smart contract platform if surpassed.
“This one needs to break through the resistance at $80. If that breaks, a new run seems likely. Until then – time to accumulate.”
Next up is Harmony (ONE), a blockchain focused on powering a decentralized economy. Looking at Harmony against Bitcoin (ONE/BTC), Van de Poppe predicts the pair is poised for a bounce after hitting support at 0.00000469 BTC or $0.18.
“This one should be having some sort of bounce from this area.
Michael van de poppe telegram
The trader also suggests out that the whole decentralized finance (DeFi) sector looks strong as he points out three DeFi coins that he believes are starting to go up.
“DeFi going great, as AAVE, SNX, COMP are waking up heavily. It’s just a start, but the market starts to look good. I’m expecting more to follow suit with those.”
There is one more less popular coin Van de Poppe has his eyes on and says it has potential to skyrocket in the near future.
Multi-purpose blockchain protocol Icon (ICX) could be bottoming out and possibly ready to make a move against its Bitcoin pair (ICX/BTC) in the coming months.
“Is Icon bottomed out? Might be.
Heavy support bounce, after which it’s looking like it wants to test the resistances. Flipping those are entry triggers.