Crypto Analyst Unveils Crucial Insights on Bitcoin and Ethereum

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.