Michaël van de Poppe, one of the closely followed analysts in the cryptocurrency market, states that a token that is among the top 50 altcoins in terms of market value is preparing for a strong breakout. The analyst made positive predictions for two altcoins in particular, and also made remarkable statements about Bitcoin. Here are the evaluations made about Bitcoin and the two altcoins on van de Poppe's list:
Bitcoin and the $100,000 Target$BTC
Van de Poppe predicts that Bitcoin will reach the six-figure price level for the first time. According to the analyst, if Bitcoin (BTC) breaks through the important resistance point at $98,000, the $100,000 barrier will definitely be crossed. Bitcoin is currently trading at levels approaching $100,000 and has increased by 3.4% in the last 24 hours. This movement is considered an important indicator for the market. The analyst made the following statement about the Bitcoin price:
"Bitcoin must break $98,000, then we will see $100,000 with 100% certainty. History will be made."
Bitcoin approaching $100,000 could directly affect the performance of altcoins. A rise in Bitcoin could also strengthen interest in altcoins by increasing the overall liquidity of the market.
Bullish Expectations for Stacks (STX)$STX
Van de Poppe also has a positive outlook for Stacks (STX), Bitcoin’s second-layer solution. According to the analyst, STX has the potential to rise by 70% from its current price. Currently pushing past a significant resistance level, STX could soon see new highs, according to the analyst. Van de Poppe said:
"The Bitcoin ecosystem is heating up. STX is attacking its recent high and is likely to break above this resistance area. Next stop? I think a new all-time high."
STX is currently trading at $2.29 and is up 20% in the last seven days. The coin reached a peak of $3.86 in April. If the current resistance levels are broken, the analyst believes that new highs are inevitable.
Van de Poppe, supply chain management project VeChain (VET)$VET
He also expressed his expectation of an increase. The analyst states that VeChain’s newly announced VeBetterDAO ecosystem could have a significant impact. This new system rewards users for sustainable actions and connects communities with decentralized autonomous organizations (DAO). Van de Poppe emphasizes that this ecosystem offers a model that everyone can access and that it is possible to earn tokens through VET. He added the following statement:
"VET is one of the old but appreciating coins. VeBetterDAO combines communities, real world assets (RWA), decentralized autonomous organizations (DAO), and sustainability."
The analyst also predicts that VET will soon test the key resistance at $0.074. Currently, VET is trading at $0.0442 and is up 8.1% in the last 24 hours.
According to Michaël van de Poppe, Bitcoin and the altcoins in the analysis offer significant opportunities in the current market conditions. These altcoins, which have strong short-term and long-term use cases, are attractive opportunities for investors. Innovative projects, especially VeBetterDAO, can increase interest in projects that aim to differentiate themselves in the crypto world and support growth in the sector.