World-renowned crypto analyst Michaël van de Poppe explains a group of altcoins that he believes has the potential to spark strong rallies if Bitcoin continues to consolidate.
Here are the levels to watch in Bitcoin, according to Michaël van de Poppe.
In his latest analysis of cryptocurrencies, veteran analyst Michaël van de Poppe explains where BTC might go next if Bitcoin’s failure to close above $ 16,000 triggers a healthy correction. Michaël van de Poppe adds the following to his comments on the subject:
WEEKLY CLOSING GOOD, BUT UNDER 16,000 DOLLARS. LEVELS TO FOLLOW: IF THE MARKET BEGINS TO CORRECT: $ 13,700 – $ 14,100. THEN 12,800 DOLLAR – 13,200 DOLLAR AND 11,500 DOLLAR – 12,000 DOLLAR RANGE…
Michaël van de Poppe: Ethereum on a massive breakout towards $ 800
As for the altcoin market, the famous analyst says that if Ethereum stays above $ 390, it will make a big breakthrough. Michaël van de Poppe adds the following to his comments on the subject:
ETHEREUM STILL MOVES WITH RESISTANCE. IT MADE A BEAUTIFUL SUPPORT RESISTANCE IN 360 DOLLARS, IT HAS RISE HIGHLY. IF THIS DOES NOT FALL BELOW 390 DOLLARS IN THIS RESISTANCE ZONE NOW IN 460 DOLLARS, WE ARE ON THE WAY TO A MASSIVE BREAKING TO 600 DOLLARS AND EVEN TO 800 USD.