Famous market analyst Michaël van de Poppe predicts that altcoin prices will increase sharply by the end of June. Through the social network Twitter, van de Poppe shared optimistic comments about the future of Bitcoin (BTC). ), Ethereum (ETH) and Polkadot (DOT), he thinks these altcoins will recover after a volatile first half of the year.
Will Bitcoin (BTC) price increase?
Van de Poppe emphasized the power of the three cryptocurrencies, especially Bitcoin (BTC). He believes that if Bitcoin maintains its price above the $70,000 mark, BTC could once again reach a new ATH. Currently, Bitcoin is fluctuating around 70,795 USD, down slightly by 0.59%. However, van de Poppe remains optimistic about Bitcoin's ability to rise in price.
Ethereum Price Outlook
Ethereum (ETH) was also mentioned by van de Poppe. He pointed out that if the US Securities and Exchange Commission (SEC) approves ETH-based exchange-traded funds (ETFs), the price of Ethereum could surge. Van de Poppe believes that this approval will create an uptrend for Ethereum (ETH), which is currently trading around $3,800 after falling 1.17% over the past 24 hours.
The Potential of Polkadot
Van de Poppe also appreciates the potential of Polkadot (DOT), a Layer-2 scaling solution. Despite the slow price increase, he sees great growth potential, especially with DOT's focus on real assets (RWA) and a strong ecosystem.
Currently, DOT is trading around $7.12, down 1.77% over the past 24 hours, but Van de Poppe suggests that this could be a good time to invest, based on DOT’s fundamental strengths.
