Bitcoin (BTC), Fantom (FTM), Litecoin (LTC) New Price Predictions Are Out
It has been just revealed the fact that there are some pretty important predictions about the crypto market these days. Check them out below. BTC, FTM and LTC price predicitons are out A widely followed crypto analyst is...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It has been just revealed the fact that there are some pretty important predictions about the crypto market these days. Check them out below.
BTC, FTM and LTC price predicitons are outA widely followed crypto analyst is breaking down Bitcoin (BTC) and altcoins after a week of sideways price action for crypto.
Crypto trader Michaël van de Poppe tells his 659,500 Twitter followers that BTC is now moving into a “potential scenario for a long trigger.”
At the moment of writing, BTC has a value of $30,038, experiencing a decrease of 1.6% in the last 24 hours and 0.6% in the past seven days. As for Fantom (FTM), a smart contract platform that competes with Ethereum (ETH), it seems to be on the rise according to Van de Poppe.
“This one looks primed for continuation upwards.
Many stops on shorts ready to be taken, through which holding above $0.30 can lead to a continuation towards $0.40.”
At the moment, FTM is being traded for $0.293, which marks a 2.5% decrease in the past 24 hours. Van de Poppe has expressed interest in Litecoin (LTC) and has suggested that it may experience a 2x gain similar to the recent rise of Bitcoin Cash (BCH) due to its upcoming halving event.
“Messy chart, but Litecoin looks ready for the pre-halving rally and follows BCH in a potential 2x.
Been mentioning it a few times, but it looks really good.”
LTC is worth $96.94 at the time of writing, up 14% in the last 24 hours.
Despite altcoins generally being down right now, Van de Poppe assures his followers that the next 3-5 years for crypto will be huge.
“The thing is that people literally never believe in an asset, when it’s down as much as Altcoins are right now.
If you look at the entire landscape of Crypto, the coming 3-5 years are going to be massive.
Acceleration of adoption.”
Stay tuned for more news from the crypto space.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Abracadabra blames hacks for shutdown amid ‘looting’ claims
Embattled DeFi project Abracadabra has proposed “an orderly wind down,” blaming a string of security incidents which leave its sta...
Abracadabra Moves to Shut Down MIM Stablecoin, Offering Holders Roughly 4 Cents per Token
The team running Abracadabra has proposed shutting down the lending protocol and its Magic Internet Money (MIM) stablecoin, with M...
Coinbase International Exchange migrates to Deribit, downtime expected Oct 1
The migration to Deribit signifies a strategic consolidation, potentially enhancing market efficiency but requiring traders to ada...
The SEC’s Buyback Guidance Is Narrower Than It Looks. Does Yours Pass the Test?
Crypto projects that buy back their own tokens have operated under a dour legal cloud within the US for nearly a decade. A buyback...
Spot Bitcoin ETFs see $3B in purchases over 9 days as institutional appetite returns
Institutional interest in Bitcoin ETFs signals renewed confidence, potentially stabilizing the crypto market and encouraging furth...
Bitget records $231M in deposits, down from August average as exchange navigates post-hack recovery
Bitget's post-hack recovery highlights the critical role of trust and transparency in maintaining user confidence and market stabi...