A new post has come from crypto analyst Michael van de Poppe, who is closely followed by investors with his analysis of Bitcoin and altcoins.
Analyst, who examined Bitcoin and some altcoins, announced the price levels he expected.
Evaluating Bitcoin first, Poppe stated that he expects the critical resistance level of $ 27,500 in BTC to be broken in the past days, and said that he expects a rise to $ 30,000.
This prediction of Poppe worked and BTC is trying to consolidate its position at $ 30,000.
Believing that this rise will continue a little more, Poppe thinks that Bitcoin will go up to $ 38,000-42,000.
Apart from Bitcoin, the analyst who also looked at Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), Ethereum (ETH) and Cosmos (ATOM) listed his predictions as follows:
“I think Chainlink (LINK) will go up to $18-22, Avalanche $55-65, Litecoin $220-260, Ethereum $2,700-3,000, and Cosmos $25-35.
However, after these levels, a correction may come."
#Chainlink to $18-22 #Avalanche📷 to $55-65 #Litecoin to $220-260 #Ethereum to $2,700-3,000 #Bitcoin to $38,000-42,000 #Cosmos to $25-35
And then we'll correct.
— Michaël van de Poppe (@CryptoMichNL) June 22, 2023
Leading cryptocurrency Bitcoin has made strong gains after spot Bitcoin ETF applications from some of the world's largest financial institutions.
Retrieving the $30,000 level that was last seen in April, BTC is currently trading at $30,045 with a market value of $583 billion, while at the same time preparing to make its strongest weekly close after March this year.
*Not investment advice.
