The Bitcoin and Ethereum prices have rebounded from last week’s lows, providing optimism that the bottom may be in. This comes amid accumulation from whales while the crypto ETFs have seen notable inflows following last week’s outflows. Why The Bitcoin And Ethereum Prices Are Climbing Again The Bitcoin and Ethereum prices have pumped from their last week’s lows of around $60,000 and $1,900, respectively. BTC climbed to as high as $71,000, sparking bullish sentiments that the crash to $60,000 may have marked the bottom. These price surges have come on the back of significant accumulation from both retail and institutional investors. Related Reading: 5 Red Months In A Row: What’s Going On With Bitcoin And The Crypto Market? In an X post, on-chain analytics platform Lookonchain revealed two whales that are buying Bitcoin and Ethereum. These two newly created wallets are said to have withdrawn 3,500 BTC, worth $249 million, and 30,000 ETH, worth $63 million, from Binance, likely to hold these coins for the long term. Furthermore, Bitcoin and Ethereum prices have also rebounded due to renewed inflows into BTC and ETH ETFs. SoSoValue data shows that the BTC ETFs recorded a daily net inflow of $145 million yesterday, sustaining the momentum from last Friday, when they took in $371 million, after recording three consecutive days of outflows. Further data from SoSoValue shows that the Ethereum ETFs saw daily net inflows of $57 million yesterday, reversing the trend after seeing three consecutive daily net outflows. Tom Lee’s BitMine also continues to buy more ETH, which is a positive for the Ethereum price. Lookonchain revealed that BitMine bought 40,000 ETH, worth $83 million, yesterday. These purchases come just after the company announced it had purchased 40,613 ETH, valued at $82.85 million, last week. Related Reading: Ethereum Price Set To Break Out Against Bitcoin, But How High Can It Go? It is also worth highlighting external factors that have contributed to the recent rise in Bitcoin and Ethereum prices. Tensions between the U.S. and Iran appear to have cooled following talks last Friday, after initial reports that the talks were unlikely to proceed. Meanwhile, traders are beginning to price in the possibility of a rate cut in March after recent job reports came in weak. Bullish Case For BTC And ETH Crypto analyst Michaël van de Poppe has made a bullish case for the Bitcoin and Ethereum prices. In an X post, he stated that he expects to see more momentum coming in for BTC, with a clear breakout above $71,500 in the coming days. The analyst added that the pattern is comparable to the COVID crash, and he thinks a rally to between $78,000 and $80,000 could occur in the coming weeks. For Ethereum, Michaël van de Poppe stated that this is a “tremendous” opportunity to be looking at ETH because there is a massive gap to the ‘fair price.’ He added that ETH’s current valuation, based on the MVRV ratio, is just as underpriced as during notable crashes such as the peak of the 2018 bear market and the April 2025 crash when Trump announced reciprocal tariffs. Featured image from iStock, chart from Tradingview.com
Ethereum has seen a sharp sell-off that sent the price straight into a major demand zone near $2,150, which is now acting as the market’s last line of defense. Whether buyers step in here or fail to hold the line could determine if this move becomes a temporary liquidity flush or the start of a deeper trend shift. ETH Loses Key Support As Short-Term Momentum Turns Bearish Michael Van De Poppe noted that Ethereum has slipped below a crucial support zone, signaling increased short-term pressure. On the lower timeframes, price action has turned clearly bearish. However, zooming out to the higher timeframes, the broader structure remains intact, with ETH still trading within a larger uptrend. Related Reading: Ethereum Price Recovery Runs Into A Wall, Decline Risk Returns He pointed out that Ethereum likely marked its cycle low back in April 2025, suggesting the current weakness may be corrective rather than the start of a sustained bearish phase. At this stage, ETH appears to be searching for a higher-timeframe support level that could act as a base for a renewed move to the upside. Van de Poppe highlighted the 0.025–0.0265 BTC region as a key support zone on the ETH/BTC pair. Importantly, the recent correction has already retraced more than half of the move toward this level, increasing the likelihood that demand could step in around that range. On the upside, he added that a recovery above the 0.0325 BTC level. While less likely in the near term, it would be a strong signal that bullish momentum has returned and a continuation of the broader uptrend. Despite ongoing volatility, Van de Poppe remains confident that Ethereum will significantly outperform Bitcoin over time. Thus, he will continue to accumulate ETH at these levels. Sharp Sell-Off Drives Ethereum Into Major Demand Near $2,150 In a more recent update, Dami-DeFi pointed out that Ethereum failed to hold the rising support line near the $2,800 level, which he had previously identified as critical. This breakdown was confirmed on the daily timeframe, triggering a sharp sell-off that pushed the price swiftly into the next major demand zone around $2,150. Related Reading: Analyst Says You’re Not Bullish Enough On Ethereum – What Does He Mean? If buyers manage to defend this level, the recent drop could be interpreted as a liquidity sweep followed by a market reset, rather than the start of a deeper downtrend. In that case, price action would likely shift into a choppy consolidation phase, with ETH rebuilding structure between $2,150 and $2,700. According to Dami-DeFi, a meaningful bullish shift only comes into play if Ethereum can reclaim $2,700 and then establish acceptance above $2,850. Until those levels are recovered and held, any upside attempts are likely to remain corrective, with the market still focused on whether demand can firmly step in at current levels. Featured image from Pxfuel, chart from Tradingview.com
Bitcoin has entered a critical make-or-break phase as price clings to key weekly support while momentum continues to fade. Despite holding above a major confluence zone, repeated rejections overhead suggest buyers are losing control. With macro pressure building and liquidity levels still untested, the next move from here could define whether BTC stabilizes or slides into a deeper reset. Lower-Timeframe Rejection Keeps The Downtrend In Control Crypto analyst Michael Van De Poppe revealed in a recent post that Bitcoin has faced a clear rejection at a key resistance level. This failure signals that the short-term downtrend remains intact on lower timeframes, confirming that selling pressure currently outweighs buying momentum in the immediate term. Related Reading: Bitcoin Bullish Structure Weakens As Inter-Exchange Liquidity Touches Red Zone – Details To flip this short-term bias, Van de Poppe expects a clear breakout above the $88,000 level. A successful move above this mark would serve as a strong, unequivocal signal to the markets that the corrective phase is over and that upward momentum is likely to take hold from that point forward. If buyers fail to achieve this necessary breakout, it remains highly probable that the price will pursue liquidity targets below, specifically targeting a test at $83,000 for liquidity. Should that fail, a further descent to the $80,000 level will trigger stop-losses. Finally, Van De Poppe connected the technical outlook to the broader economic environment. Given the high volume of macroeconomic events scheduled to take place over the course of the week, such as FOMC, Poppe believes that the market could experience significant volatility and end up reaching one of the predicted downside liquidity tests. $93,000 Rejection Stalls Momentum, but Weekly Structure Still Intact According to a weekly chart update by Crypto Damus, Bitcoin recently faced a firm rejection at the $93,000 resistance level. Despite that setback, price action remains constructive for now, with BTC holding above the crucial $86,000 weekly support zone. This area is reinforced with the key 100-week moving average confluence, making it an important level to watch in the near term. Related Reading: Bitcoin Price Faces Potential 60% Decline As Expert Warns Of ‘Major Bull Trap’ That said, the broader structure still leaves room for deeper downside. Crypto Damus notes that a full retracement toward the rising wedge breakdown target cannot be ruled out, which aligns closely with the April low around the $78,000 region. A move into that zone would represent a more pronounced corrective phase within the larger cycle. Looking further ahead, a deeper bear-market-style retest may ultimately present a more attractive long-term opportunity. A revisit of the $70,000 level is highlighted as a potential high-conviction buying area, should the market extend its pullback. Featured image from Pixabay, chart from Tradingview.com
Prominent market analyst Michael Van de Poppe has shared four market conditions that would confirm an altcoin market rally. Meanwhile, the cryptocurrency market continues to experience a widespread correction, weighing down the price growth of several assets. Ethereum Outperforms Bitcoin: A Positive Sign For Altcoins? Ethereum has shown more resilience in the last month than Bitcoin, which is largely interpreted as a bullish signal for altcoin enthusiasts. In the last week alone, the prominent altcoin reported a slight market gain of 0.86% compared to Bitcoin’s loss of 1.95%. When Ethereum outperforms Bitcoin, it encourages increased altcoin activity, as investor confidence spreads beyond the market leader into the broader crypto ecosystem. However, a full altcoin market takeover only comes into effect after the following technical developments. Firstly, de Poppe explains that Bitcoin, as the market leader, must achieve a breakthrough above $92,000 resistance, potentially testing the $100,000 mark, to signal renewed market strength. Additionally, the analyst states the ETH/BTC ratio must stay above its 20-day moving average (MA), indicating Ethereum’s continued dominance and further encouraging altcoin accumulation. Together, these signals could set the technical bedrock for a significant altcoin rally. Related Reading: Bitcoin Must Break $97K To Restore Confidence Among Youngest Long-Term Holders – Details Macro Factors Could Amplify Altcoin Gains Beyond crypto-specific indicators, de Poppe also touches on broader financial market plays that could initiate the next altcoin move. The analyst suggests that a 5-10% correction in gold prices, coupled with a peak in silver, could encourage capital to flow into riskier assets like cryptocurrencies including cryptocurrencies. Meanwhile, a strong upward movement in the Nasdaq would indicate increased investor risk appetite, a development that often translates into heightened activity in the crypto markets. When combined with positive momentum in Bitcoin and Ethereum, these macro signals could create an environment ripe for a substantial altcoin rally. According to de Poppe, the fulfillment of these conditions indicates that altcoins could achieve market gains of 200%-300% in the present market cycle. Related Reading: Ethereum Shows Signs Of Accumulation As CVD Strengthens And Correlation Stays Elevated Market Overview At the time of writing, the total cryptocurrency market is valued at $3.04 trillion, following a significant 15.5% decline over the past month. Meanwhile, the altcoin market cap stands at $1.26 trillion, accounting for 41.44% of all circulating digital assets. In tandem, data from CoinMarketCap shows the altseason index at 20/100, as Bitcoin still maintains a dominant grip on overall market performance, with a 58.6% dominance. In short, the conditions for a full-scale altcoin breakout have yet to materialize, but the key indicators highlighted above suggest that scenario may be approaching if momentum shifts decisively toward risk assets. Featured image from Kriptomart, chart from Tradingview
The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season moving forward. What’s Next As Bitcoin Dominance Hits New High? In an X post, Finsends stated that the Bitcoin dominance has made a new high and that it feels like it can never go down again. However, he opined that there should be a bigger correction starting somewhere around the current levels. The analyst added that the potential target area for a top in this scenario goes up to 68.56%. Related Reading: Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why His accompanying chart showed that the Bitcoin dominance could hit this projected top of 68.56% in July, after which a decline would begin. Based on the chart, the BTC.D could drop to as low as 48% on this decline, paving the way for a potential altcoin season. If so, then altcoins could witness significant gains in the second half of the year and outperform BTC in the process. In an X post, crypto analyst Michaël van de Poppe also commented on the rising Bitcoin dominance and a potential altcoin season. He noted that the altcoin season indicator has hit its lowest number in two years. The analyst added that the lows of this indicator over the last six years were in June or July. Based on this, he remarked that there seems to be a pattern since the indicator has hit a low again this June. Michaël van de Poppe didn’t predict when exactly altcoin season could begin or if the Bitcoin dominance would top anytime soon. However, before now, he had expressed confidence that the alt season would still happen. The analyst noted that the last cycle was also called a Bitcoin cycle until altcoins started to run and heavily outperformed. What Needs To Happen For Altcoins To Take Off In another X post, Michaël van de Poppe stated that altcoins are in need of an upward push from Ethereum, and that this needs to happen through a push of Bitcoin. He further remarked that once the BTC price bottoms out, that is a very likely moment for Ethereum to continue outperforming the flagship crypto, with the Bitcoin dominance declining. Related Reading: Analyst Calls Start Of Altcoin Season Amid Deviation Of Cyclical Lows – Details The analyst believes that altcoins would start “shining” when the next leg upwards for Ethereum takes place, possibly ushering in altcoin season. He declared that once altcoins start to shine, market participants can expect them to heavily outperform the markets. However, for now, Michaël van de Poppe believes investors need to have some more patience. At the time of writing, the Bitcoin price is trading at around $101,700, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
After days of testing a resistance zone at $106,000, Bitcoin has finally broken above the $107,000 mark to confirm a strong bullish momentum that has been building since early June. The breakout, which has seen Bitcoin reclaim $110,000 briefly in the past 24 hours, follows several failed attempts to close above this pivotal level. Technical analysis of the Bitcoin price indicates that the breakout above $107,000 has given bulls back control. Particularly, technical analysis from crypto analyst Michaël van de Poppe suggests that Bitcoin’s price will accelerate for the rest of the week. $106,500 Confirms Strength, Analyst Eye Accelerated Move Over the past few days, Bitcoin’s price structure has been forming a rounded base with higher lows, gradually coiling under a support turned resistance. Now that the breakout has occurred, bulls seem to be back in control. Related Reading: Why The Bitcoin Price Could See Another 70%-170% Jump From Here According to Michaël van de Poppe, a widely-followed crypto analyst on the social media platform X, the decisive moment came after Bitcoin cleared the $106,500 resistance, a level he previously mentioned he’s looking at. In his post, he noted that as long as Bitcoin maintains support above this zone, momentum will continue to shift in favor of buyers. Specifically, he pointed out that day traders are likely to pile in with new long positions, while short sellers are either closing their positions or getting squeezed out entirely. Both of these actions will continue to generate buying pressure, at least in the short term. This shift in market structure has already begun to play out. As the chart below shows, the previous resistance zone around $107,000, which was a strong support during the earlier ATH moves in May, has now flipped. This zone had repeatedly rejected price advances, acting as a price ceiling since May 30. Now, with the breakout confirmed and volume increasing, the analyst expects a swift rally toward $108,900 and beyond for the rest of the week. Bulls Prepare For New Bitcoin All-Time High The timing of this breakout also coincides with the start of the trading week, which Van de Poppe describes as a great start to the week and a continued upside for the remainder of the week. More often than not in this cycle, Bitcoin has exhibited sentiment surges early in the week that persisted throughout the week. If Bitcoin can consolidate above the $107,000 to $108,000 range without falling back into the previous structure, it could enter a new price zone as soon as the $111,000 barrier is breached. Related Reading: Bitcoin Diamond Hands Are Buying Again, Here’s Why It’s Bullish For The Market With increasing interest due to ETF inflows, it could serve as the launchpad for Bitcoin’s next major leg up, carrying it toward new all-time highs before the end of June. At the time of writing, Bitcoin is trading at $109,455, having recently reached an intraday high of $110,237. The leading cryptocurrency is currently only about 2.5% away from setting a new all-time high. Featured image from Getty Images, chart from Tradingview.com
Despite Bitcoin’s historic rise above the $100,000 mark in early 2025, a growing number of crypto investors are left wondering when the long-anticipated altcoin season will begin. At the time of writing, the altcoin season index from BlockchainCenter has now dipped to a reading of 20, far below the 75 threshold typically required to confirm the start of an altcoin season. In a detailed post on social media platform X, van de Poppe addressed what is one of the most frequently asked questions in the crypto industry today: “When altseason?” Altcoin Season Missing Despite Bull Market Conditions According to analyst Michaël van de Poppe, this cycle has deviated significantly from historical patterns. His response to the growing question of an altcoin season relays the fact that while Bitcoin has made gains, the altcoin market continues to lag significantly behind, raising doubts about whether a true altseason will even arrive this cycle. Related Reading: Certified Analyst Says Bitcoin Dominance Could Reverse At 64% – Is It Time For Altcoin Season? In past cycles, altcoins followed Bitcoin’s rally within weeks or months. However, 2024 and the early part of 2025 have proven to be different. This, in turn, has been many investors expecting this cycle to play out the same getting hammered and losing their patience. Although some new meme coins had their brief moments of explosive growth in late 2024, the broader altcoin market has been largely suppressed since late 2021. Van de Poppe explains that most older altcoins failed to match Bitcoin’s performance in 2021, and that trend has only worsened in the current cycle. This has somewhat changed the expectation of a typical four-year cycle rhythm. The tables have turned and other variables need to be taken into account for investors looking to get a significant return in those markets. Bitcoin Dominance And Sentiment Imbalance Holding Altcoins Back One of the clearest reasons for the delay in altseason is Bitcoin’s overwhelming dominance. As the Altcoin Season Index indicates, the metric remains significantly below the 25 threshold line and firmly entrenched in Bitcoin Season territory. Van de Poppe attributes this not just to price action, but also to macro-level shifts, such as interest rate regimes and monetary policy from central banks. For now, there’s still much upside potential for Bitcoin, especially if the Fed interest rates were to go down from their current 4% levels. Related Reading: Is Altcoin Season Over Or It Never Started? Here’s What Historical Data Says In his view, the current market is divided into two camps: those expecting a bear market and those who believe the bull run is just beginning. Both could be wrong, he warns, because the game has changed. If there are so many factors going into negative sentiment, that’s actually a sign to allocate funds into altcoins. Keeping this in mind, the best time to invest in altcoins would be now, when the altcoin season isn’t showing any signs. Van de Poppe concludes that altseason isn’t just a timeframe but a phase where patient investors accumulate undervalued cryptocurrencies before the rest of the market catches on. When the altcoin season eventually rolls in, it will come unannounced. Featured image from Getty Images, chart from Tradingview.com
Bitcoin’s price has climbed to the $99,000 level once again, sparking renewed hope about its potential to revisit higher resistance levels shortly. Given the recent upside strength and growing sentiment in the market, BTC might be heading toward the current all-time high and beyond. Upside Breakout For Bitcoin To New Highs Incoming Crypto expert and […]
Ethereum has surged by 2.75% in the past day as the crypto market continues to experience a general price rebound in 2025. Notably, data from Ethereum investors’ activity shows a corresponding rise in bullish sentiments with anticipation of a sustained uptrend in the short term. Related Reading: Ethereum Predictions 2025: Expert Shares His Projections Ethereum […]
10x Research says Ether may not be a smart bet for the much-anticipated 2025 bull run, though other analysts say the jury’s still out.
Ethereum’s relative strength to Bitcoin could climb in January, which an analyst says might trigger an Ethereum “altcoin run.”
The general cryptocurrency community is brewing with excitement and optimism following Bitcoin’s rally to a new all-time high on Monday. Despite the significant price growth, there are speculations that the uptrend may not be ending anytime soon, suggesting BTC’s potential for more increases to higher levels or milestones. Next Big Milestone For Bitcoin On The […]
A crypto analyst said a “flash crash is likely” but viewed it as a buying opportunity, signaling optimism for the long term.
Bitcoin‘s recent upside strength has sparked speculations within the crypto community about its move to the $100,000 level and beyond in the current market cycle as many crypto experts predict that the digital asset could witness a rally to the price range shortly. Bitcoin’s Path To $100,000 And Beyond Inevitable As the community anticipates Bitcoin’s […]
Several recent bullish predictions from seasoned crypto analysts imply that Bitcoin might undergo another massive rally in the upcoming days, which may trigger a move to unprecedented levels. This anticipated move suggests a transformative period for the largest crypto asset as the general market sentiment improves. Bitcoin’s Dynamics Points To A Parabolic Path Considering current […]
Ethereum (ETH) exhibited a dual-phased market movement in the last week rising by over 9% to reach a local peak of $2,711 on October 30, before declining by an almost similar measure. As the prominent altcoin now hovers around the $2,500 price mark, crypto analyst Ali Martinez has highlighted an important market condition that could ignite a price rebound. Related Reading: Ethereum Blobs Are ‘Insanely Bullish” For ETH Price: Breakthrough Research Ethereum Buy Signal Subject To Vital Price Support In an X post on November 1, Martinez stated that TD Sequential has indicated a buy signal on the ETH 4-hour chart. For context, the TD Sequential commonly used trading indicator to signal potential turning points in price trends and provide signals for trend exhaustion or potential price reversals. Following Ethereum’s decline over the past 48 hours, TD Sequential has flashed a buy signal, indicating a possible price recovery on the horizon. However, Martinez states that for this bullish signal to prove true, Ethereum must remain above the $2,480 support zone. A potential price drop below this support level would result in a further decline to $2,200, indicating a potential 12% decrease from the token’s current price. However, Ethereum is expected to rebound to around $2,700 if the specified support zone holds. Interestingly, fellow market analyst Michaël van de Poppe has provided some valuable insights into Ethereum’s price if this successful price recovery occurs. In a post on X, van de Poppe applauds the resilience of Ethereum despite the rise in US permanent job losses as revealed by the recent unemployment data by the Bureau of Labor Statistics. He also notes ETH has been a range-bound market oscillating between $2,200-$2,700 since August. However, van de Poppe states that if Ethereum returns above $2,700 in the next two weeks, the altcoin may surge to around $3,200 in the next few weeks, finally breaking out of consolidation. In addition, the crypto analyst continues to reiterate his projections of Ethereum to outperform Bitcoin in the coming months as the latter approaches its peak dominance level. Ethereum is expected to lead the “altcoin season” with predictions of hitting a five-digit value next few months. Related Reading: Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH ETH Price Overview At the time of writing, Ethereum continues to trade at $2,514 following a minor decline in the past day based on data from CoinMarketCap. Meanwhile, the altcoin reports gains of 2.09% and 6.06% in the last seven and thirty days, respectively. ETH’s daily trading volume is also up by 4.70% approaching a value of $20.85 billion. Featured image from MarketWatch, chart from Tradingview.com
Popular crypto analyst Michaël van de Poppe has highlighted vital price levels in the Ethereum (ETH) market following a massive option expiry event. This development comes amidst high whale activity on the Ethereum network. Related Reading: Crypto Analyst Says Ethereum Will Outperform Bitcoin And Solana, Is $12,000 Possible? ETH To Break Out At $2,750, Analyst Says On Friday, approximately $1.02 billion worth of Ethereum options contracts were settled with the max pain point established at $2,600. Amidst this massive option expiry, the price of ETH rose by over 3% to trade at $2,547 despite fears of price decline due to increased market volatility. Following this price gain, Van de Poppe states that Ethereum now finds itself between two routes, especially as the “macroeconomic weeks” approach. Options expire day is done!$ETH bounced upwards, and now the macroeconomic weeks are kicking in. The question is: are we going to see some upward momentum or will it retest $2,000? Testing $2,750 again = breakout. pic.twitter.com/vi3JJ3tNeP — Michaël van de Poppe (@CryptoMichNL) October 25, 2024 Notably, the US elections are set to be held in a fortnight, the results of which are expected to wield a significant effect on the crypto market. Moreover, there is still anticipation of a Fed rate cut in November which could avail liquidity for investing in volatile assets such as Ethereum. First, the analyst postulates that ETH could produce an upward momentum reaching $2750, a significant resistance level at which the token has suffered rejection thrice since August. However, van de Poppe predicts if the second-largest cryptocurrency retests at its price zone again, it will result in a breakout rising as high as $3,350. Alternatively, the crypto analyst forecast Ethereum may experience a price drop in line with its current consolidation pattern. In this case, ETH would initially retest at $2,300. However, amidst massive bearish pressure, the altcoin could fall to $2,000. Related Reading: Ethereum ‘Verge’ Upgrade To Simplify Running Nodes On Phones And Wearables Ethereum Whale Activity Reaches Six-Week High In other news, analytics firm Santiment reports that Ethereum has recorded its highest amount of whale activity over the last six weeks amidst its price decline. Traditionally, this high market activity indicates accumulation by large holders on the Ethereum network, signaling confidence in the asset’s long-term profitability. At press time, ETH trades at $2,445 reflecting a price decline of 1.67% in the past day. However, its daily trading volume is up by 57.97% and is valued at $23.14 billion. The recent dip in ETH’s price can be attributed to a recent controversial report on USDT stablecoin operator Tether, as well as reported Israeli attacks on Iran. Ethereum remains an investors’ favorite ahead of a highly anticipated crypto bull run. Multiple analysts have recently pinpointed a $10,000 price target citing reasons including historical performances in previous bull cycles. Featured image from Forbes, chart from Tradingview
Analysts at Hashkey Capital say altseason could find firmer footing once Bitcoin trades above $80,000.
Amid the recent renewed upward price movement in Bitcoin, the demand for the largest cryptocurrency asset among short-term holders has witnessed a notable rise, suggesting strong optimism about BTC’s potential for growth in the near term. Short-Term Holders Demand For Bitcoin Rebounds Axel Adler Jr., a macro researcher and author at leading on-chain firm CryptoQuant, […]
With the month of October historically seen as an optimistic period for Bitcoin, many bullish predictions about BTC’s short-term potential from crypto analysts are beginning to turn up. Despite recent turmoil, the renewed optimism within the market could be setting the stage for a possible rally, with some experts predicting a new all-time high price […]
Crypto investors might be shifting their mindset and may not always turn to Bitcoin as a haven during market uncertainty, Bitfinex analysts suggest.
Bitcoin investors appear to be demonstrating a cautious approach as evidenced by the recent notable decline in the number of BTC active addresses, which indicates a reduction in on-chain activity as the market continues to be unstable. Bitcoin Sees Decrease In Active Addresses Kyle Doops, a market expert and host of the Crypto Banter show, […]
Over the weekend, Ethereum, the second largest digital asset, took a hit as its price fell significantly, triggering broader negative sentiment around the crypto asset and the factors that could be responsible for the dip. Delving into the matter, popular crypto analyst and trader Michael Van De Poppe has offered insights on the recent price […]
Cryptocurrency traders argue that Ether’s next move is crucial not just for Ether itself, but for Bitcoin as well.
The “next leg” could push Bitcoin’s price as high as $110,000 as the cycle low has kicked in, according to several crypto traders.
Bitcoin, the largest cryptocurrency asset by market cap, broke through the $70,000 resistance level today, demonstrating momentum for further upsurge. Delving into the significance of this development, cryptocurrency analyst and trader YG Crypto has emphasized that Bitcoin must break above the level and maintain that break in order for the digital asset to regain its […]
A prominent figure in the crypto space revealed he has sold all his Bitcoin (BTC) holdings in favor of Altcoins. In an X post, the market expert claimed to still have faith in the flagship cryptocurrency and explained what he did and the reasons why. Related Reading: Spot Bitcoin ETFs Record Third Day Of Massive […]
Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold in this bull cycle. Bitcoin Price Targetted At Unprecedented Heights This Cycle Over the past month, the price of Bitcoin has been consolidating and hasn’t been able to sustain its rise beyond its new peak of $73,000. However, things could soon be changing, as Michael Van De Poppe expects the coin to surge immensely in the short term. His forecast coincides with anticipation around the upcoming Bitcoin Halving expected to take place in less than 12 days, fueling optimism within the crypto community. Related Reading: 12 Days Until Bitcoin Halving: Why $100,000 Isn’t Much Further Away According to the expert, the largest cryptocurrency asset by market cap is still experiencing significant resistance. Nonetheless, if Bitcoin manages to break out of this zone, the coin could witness a progression towards new all-time highs in the coming months. Given that BTC achieved the $70,000 price level ahead of the halving event, Poppe believes that it is likely to surge to unprecedented levels, particularly topping out at $300,000 in this bull run. The post read: Bitcoin still facing crucial resistance. If this breaks, then we will be seeing a continuation towards new all-time highs. Bitcoin at $70,000 pre-halving. Likely $300,000 this cycle. Poppe underscored that the price of Bitcoin returned to $70,000 level over the weekend. As a result, he has pointed out bullish indicators that are presently occurring in the crypto landscape. The analyst also noted that the strength of the cryptocurrency markets has now exceeded our perceptions, and dips in altcoins represent opportunities for good entries. In addition, BTC’s price action demonstrates the potential to reach a new all-time high pre-halving, and the shift in favor of altcoins is on the horizon. Altcoin Season Set To Kick Off In Weeks Poppe is super bullish toward an ‘altcoin season’. However, it is important to note that altcoins’ value has frequently coincided with shifts in Bitcoin’s supremacy. But even though Bitcoin’s dominance is still at its peak prior to the halving, Poppe thinks these coins still have a lot of momentum. Related Reading: Forget Bitcoin! Altcoins Set For Explosive Growth With Potential 1,000x Returns — Analyst He advocates that a new altcoin season will undoubtedly begin in the upcoming weeks. “We always have one, we have seen Meme coins, Solana (SOL) ecosystem, and AI,” he stated. The expert’s statement suggests that the Solana ecosystem, AI projects, and meme coins in recent months have led the altcoin market. Thus, Michael Van De Poppe has contended that in the impending alt season, crypto initiatives that prioritize the tokenization of Real-World Assets (RWA), the Ethereum (ETH) ecosystem, and the Decentralized Physical Infrastructure Network (DePIN) are likely to be next, paving the way for alts this cycle. At the time of writing, the altcoin’s overall market excluding Bitcoin and Ethereum was valued at $753.47 billion. This indicates a 2% increase in the market cap in the past 24 hours. Featured image from iStock, chart from Tradingview.com