What’s Next For Bitcoin And Ethereum Competitor

There’s been revealed that an important crypto analyst is addressing the future of Bitcoin and one Ethereum competitor. Check out the latest reports below.

It’s been just revealed that in a new post, Michaël van de Poppe said that he’s eyeing $29,300 as a key make-or-break indicator for Bitcoin.

“Still watching the level at $29,300 for Bitcoin. If that sustains, I’ll see continuation happening on the markets. If that’s lost, I’m looking to see whether we sweep the actual lows and hit $26,000.”

Van de Poppe also has a video strategy session where he tells YouTube subscribers that Bitcoin is likely to hold the critical window between $29,200 to $29,400.

“The chances that we’re going to get towards $32,834 and then still drop back to retest $27,000 [or] $28,000 is a very likely scenario in which you get a prolonged accumulation period for the markets.”

He continued and said the following:

“Right now, I think that the odds are favorable, especially with the indices bouncing up and the DXY [US dollar index] showing weakness, that we’re going to hold $29,300. That is the crucial breaker for me, so this entire block at $29,200 to $29,400 is the one that I think that we should be holding.”

There are all kinds of crypto predictions these days following the crypto market fall that recently took place. Check out the latest predicitons about Bitcoin below.

It’s been just revealed that an important crypto analyst is predicting a Bitcoin rally.

Pseudonymous analyst Credible made sure to highglithe the fact that one day he will be bearish on Bitcoin, but not until it roars past the $100,000 level to complete an extended bull cycle.

“Looking forward to being bearish after this wave up over $100,000 that I’m expecting completes.”

Credible said: ‘Seeing the way sentiment is now during a mid-cycle correction means the correction that corrects the entire bull cycle from $3,000 to $100,000+ is going to be absolutely brutal.”