Onye nyocha Michaël van de Poppe na-ebu amụma 90% Rally maka Top-20 Ethereum dabere na Altcoin, na-emelite Outlook na Bitcoin

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Onye nyocha Michaël van de Poppe na-ebu amụma 90% Rally maka Top-20 Ethereum dabere na Altcoin, na-emelite Outlook na Bitcoin

A widely followed cryptocurrency analyst and trader believes that one top 20 altcoin project is primed to move another leg up.

Michaël van de Papa agwa his 692,300 followers on the social media platform X that the decentralized oracle network Chainlink (njikọ) could increase about 90% from its current value.

“Chainlink is still stuck in a range, but is likely going to break to the upside. Why?

- Were ego ahụ site na itinye ya na $ 12.20.

– Ọtụtụ ule nke iguzogide.

– BTC pair bottoming.

– ETH starting to wake up.

Seems likely we’ll see $25-$30 in the coming months.”

Isi mmalite: Michaël van de Poppe/X

Looking at his chart, LINK made four tests of the key resistance level around $16.54 since November, suggesting it could soon flip that level into support with another attempt.

Chainlink is trading for $15.57 at time of writing.

Na-esote, onye na-ere ahịa na-ebu amụma na Bitcoin (BTC) will retest a higher level ahead of the halving event in April, when miners’ rewards are cut in half. During the same time period, he predicts altcoins will outperform the crypto king.

"Bitcoin took the liquidity above the high and will likely consolidate. Overall, pre-halving a new test at $48,000-$50,000 seems likely, and altcoins will outperform massively during this time.”

Isi mmalite: Michaël van de Poppe/X

The trader lays out a longer-term ele ihe anya n'ihi na Bitcoin and predicts BTC could soar to its prior new all-time high in 2025 after breaking out of a 2024 trading range.

“[This] scenario still stands on Bitcoin. "

Isi mmalite: Michaël van de Poppe/X

N'ileghachi anya na eserese ya, onye ahịa na-atụ aro Bitcoin may reach $68,000 in the first half of next year. He also suggests Bitcoin could rally to $50,000 ahead of the halving and then decline to $39,129 before resuming upward momentum.

Bitcoin na-ere ahịa maka $42,439 n'oge ederede, gbadata karịa 2% n'ime awa 24 gara aga.

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