Calm Before the Storm? Here’s What’s Next for Bitcoin, Ethereum and Cardano, According to Top Analyst Michaël van de Poppe
Widely followed crypto trader and analyst Michaël van de Poppe is mapping out the price levels to watch for Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA). In a new market update, Van de Poppe tells his 127,000 YouTube subscribers that Bitcoin recently reclaimed a key price area, indicating that Bitcoin is gearing up for a fresh rally. “Yesterday, we’ve had a beautiful retest, so price broke back above the range ($47,000-$50,000), and we’ve actually retested the levels that I wanted ($47,000), and that’s very normal to be having at this stage in which we get some consolidation going on the Bitcoin markets… So for me, this entire region between $46,000-$47,000 is very crucial to watch, through which as long as we stay above it, we could be seeing continuation towards the range highs, which is $50,000, and then I am assuming we are going to get some sideways action, through which altcoins will be doing absolutely great. And once we break above $50,000, I think Bitcoin will be grind