The analyst noted that STX has a 70% upside potential. Bitcoin is predicted to reach $100,000, and VET’s sustainable projects support the rise. Well-known crypto analyst Michaël van de Poppe stated that an altcoin in the top 50 in terms of market value could make a significant rise. Poppe told his followers on social media that the Stacks (STX) token, a Bitcoin (BTC) $96,975 layer-2 project, has a 70% upside potential from its current value.
The analyst predicted that STX could break through a critical resistance level and reach a new all-time high in the short term. Currently, STX is trading with a 20% increase in the past week, having reached a record high of $3.86 in April. Poppe predicts that if Bitcoin breaks through the $98,000 resistance level on its 4-hour chart, it could make a historic move to $100,000. Bitcoin is currently trading at $98,266 and is up 3.4% in the past 24 hours.
Expectations on VeChain (VET)$VET
The analyst noted that interest in the native token of the supply chain management project VeChain (VET) has increased. He emphasized that VET is supported by the sustainability-focused VeBetterDAO project and that such projects have significant growth potential in the future.
"Bitcoin ecosystem is gaining momentum. STX is breaking this resistance zone, pushing the recent high. Next target should be a new record."
"Bitcoin needs to break through $98,000 and then we definitely need to see $100,000. This breakout will be a historic turning point."
“VeBetterDAO combines real-world assets, community, and sustainability. These factors are very important to me.”
Poppe added that VET could soon test the resistance at $0.074. Currently, VET is trading at $0.0442, up 8.1% in the last 24 hours.
Michaël van de Poppe’s forecasts reveal the volatility in the crypto market. The analyst’s predictions provide valuable information for investors to evaluate potential opportunities. The expected upward trends of STX and Bitcoin once again demonstrate the dynamic nature of the crypto market.