People Are ‘Waking Up’ to Digital Assets, Crypto Analyst Says

It has been just revealed the fact that people are waking up these days to digital assets. Check out the latest reports about this below.

According to a prominent cryptocurrency analyst, people are beginning to recognize the significance of crypto assets.

Michaël van de Poppe, a crypto trader, shared with his 660,100 Twitter followers that Europe is set to introduce a Bitcoin (BTC) exchange-traded fund (ETF) in the upcoming weeks, which indicates a shift in the world’s opinion towards cryptocurrencies.

“Bitcoin ETF in Europe set to launch this month.

Not only the US is ramping up, but also, finally, we’ll be getting one in Europe.

More and more we’re waking up with Crypto.”

Diving deeper into the king crypto, Van de Poppe says BTC could pop up to $38,000.

“Bitcoin holds $30,200 and most likely will start looking at range high again.

Another test and we’ll have a swift breakout to $38,000.”

Although acknowledging the possibility of BTC dropping below $30,000 temporarily, the trader believes that BTC is poised to soar towards its range highs, which could cause altcoins such as Litecoin (LTC) to rise as well.

“Bitcoin ready to break upwards.

Back to support, all liquidity taken (and fairly said, if we drop sub $30,000, we’ll crack towards $29,300 but that seems an overcrowded trade.)

Back above $30,500 and we’ll fly to range highs and things like LTC should take off.”

By studying the charts, Kaleo predicts that BNB may reach the $300 price point and even surpass the April high of slightly over $340 within the last quarter of 2023.

“BNB back to $300

But you wouldn’t ‘bullieve’ it.”

BNB is trading at $248 at the time of writing.

According to a crypto strategist who wishes to remain anonymous, Binance is currently flying under the radar, but they predict that it will soon become a popular topic once its value increases.

“The funny thing is – no one is talking about BNB right now – but, when it finally does take off here in a bit it’s big enough that EVERYONE will be.

And everyone will talk about how obvious it was in hindsight.

But… somehow it isn’t obvious now.”