Crypto Analyst Unveils Crucial Insights on Bitcoin and Ethereum
Main Idea
Crypto analyst Michaël van de Poppe provides insights on Bitcoin and Ethereum, highlighting key support levels and potential price movements.
Key Points
1. Bitcoin is trading at approximately $116,497, with a critical support level at $114,800; holding this level could lead to a new all-time high.
2. Ethereum is trading around $3,945 and is expected to test the $4,000 resistance zone in the coming days.
3. Van de Poppe predicts potential returns of 200-500% for altcoins in the next 2-4 months, citing their current undervaluation.
4. He emphasizes that Ethereum's recent price movement indicates growing risk appetite in the market.
5. Investors are advised to monitor support/resistance levels and market conditions closely.
Description
Michaël van de Poppe offered vital insights on Bitcoin and Ethereum movements. Bitcoin's critical support and Ethereum's resistance are pivotal for future trends. Continue Reading: Crypto Analyst Unveils Crucial Insights on Bitcoin and Ethereum The post Crypto Analyst Unveils Crucial Insights on Bitcoin and Ethereum appeared first on COINTURK NEWS .
Latest News
- Bo Hines Resigns and Sparks Speculation Over White House Crypto Policy Shift2025-08-10 10:05:47
- Decrypt Bitcoin’s Rise: Insightful Market Trends Await in the Upcoming Week2025-08-10 09:13:52
- Bitcoin Surges as Tensions Ease and Economic Data Loom2025-08-10 07:20:31
- Bitcoin Surges Beyond $118,000 as Ethereum Breaks Crucial Resistance2025-08-10 06:10:50
- VivoPower Strengthens Digital Portfolio with Ripple Share Acquisition2025-08-09 22:43:54