Ambitious BTC, ETH, LINK and DOT predictions from the famous analyst
The crypto market is in green, led by Bitcoin (BTC) eyeing an all-time high.
The crypto market is in green, led by Bitcoin (BTC), which is eyeing an all-time high. After Spot BTC was traded in exchange-traded funds (ETFs), the money flowing into the market rose to almost 2.6 trillion dollars in a short time. However, the expected rally on the altcoins side has not occurred with the exceptions of memecoins such as FLOKI, DOGE and PEPE.
Speaking to BTCHaber, famous market analyst MN Trading Consultancy founder Michaël van de Poppe stated that he expects an altcoin rally. Stating that altcoins are at the lowest levels of the cycle in BTC parity, van de Poppe said that altcoins will start a strong rise as soon as Bitcoin calms down. The analyst stated that this scenario will occur during the Bitcoin halving period.
The famous analyst said that after Bitcoin reached its all-time high, it was Ether (ETH)'s turn, and he suggested that ETH would break the current ATH level of $ 4,870 and reach the level of $ 5,000 in the coming months.
Expressing the possibility of many altcoins making ATH with the rise in Ether's price, van de Poppe claimed that Chainlink (LINK) and Polkadot (DOT) will rise between two and a half to four times.
Sharing his comments on the price of Bitcoin, van de Poppe stated that BTC may see corrections before rising to the all-time high (ATH). The analyst stated that macro-economic data will be behind the correction. Michaël van de Poppe stated that despite this scenario, the situation is not bad, on the contrary, it is healthy.