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Experienced Analyst Announces His Predictions for Bitcoin and Altcoin Prices for the Coming Months
In his latest statement, well-known cryptocurrency analyst Michaël van de Poppe shared his predictions for the process of Bitcoin and altcoins in the coming months.
According to the analyst, the price of Bitcoin will be in a consolidation phase in the coming months. In addition, ahead of the halving scheduled for April, which will halve the BTC's circulating supply, there will be a final rise to the $48,000 to $50,000 resistance, according to the analyst.
Following this, van de Poppe claimed that the post-halving BTC price could see a correction to the $36,000 to $38,000 levels, at which point altcoins could outperform BTC.
The analyst claimed that altcoins are poised for their next rally and could rise 2x in the coming months. However, the analyst added that critical price levels are being held in altcoins.
In his assessment of Ethereum, Van de Poppe claimed that ETH rise is on the horizon. Citing the example of LINK, which has recently seen big rises, the analyst suggested that it took more than 2 years for the LINK price to wake up, while the ETH price has been in a downtrend for 2.5 years. He claimed that the comeback would be impressive.