Famous analyst Michael van de Poppe shares his predictions for new altcoins and Bitcoin. Michael van de Poppe expects some altcoin projects to rise as markets crash. As Kriptokoin.com , we have compiled the details for you, let’s examine the subject together…
Michael van de Poppe: Bitcoin price creates a bullish divergence!
In a recent thread of tweets, Michael van de Poppe told his 551,000 followers that Bitcoin’s price action was “forming a bullish divergence.” Michael van de Poppe adds:
Bitcoin’s lower time frame creates a bullish divergence while holding major support at $41,000. If it breaks $42.8-42.9k, a test of $46,000 is likely followed by bullish divergence.
Michael van de Poppe: Ethereum’s bottom may be near!
Bitcoin is currently trading around $42,011 just south of the key bullish divergence breakout levels identified on Michael van de Poppe’s chart. Looking at Ethereum (ETH), the second largest cryptocurrency by market cap, the analyst predicts that the bottom may be near despite the recent bearish trend. Michael van de Poppe adds:
Ethereum is heavily moving south but actually hitting a large area at the previous resistance at $3,320. The important level after the block is between $3,500-3,600. It could be near the bottom.
Michael van de Poppe summarizes the bullish situation for 2 altcoins!
Ethereum is changing hands for $3,200 at the time of writing, just south of the critical resistance levels identified on the analyst’s chart. The analyst also analyzes the price action of Cardano (ADA). Michael van de Poppe adds:
Not much has changed in ADA. It’s still at the lower end of the range, which is heavy support. Short is not the range to search, I prefer long search.
Finally, the crypto analyst looks at VeChain (VET). The analyst identifies the 0.00000150 BTC zone as a support zone for VET to retest before it turns bullish. Michael van de Poppe adds:
VET looks strong, but still needs to break above this level around 205-210 sats ($0.086-$0.088). If that’s the case, the uptrend is very, very likely to continue.
Here are Michael van de Poppe’s successful Bitcoin and cryptocurrency predictions
Successful analyst Michael van de Poppe, first of 2020 He correctly predicted the altcoin season in the fourth quarter. In addition, the famous analyst foreshadowed the recent declines of Bitcoin saadollarser. In addition to these, the analyst has also achieved a high success rate in the cryptocurrency predictions in the past months. The analyst stated that he expected a significant crypto correction in February and correctly predicted the market crash on February 22.
Michael van de Poppe also correctly predicted Bitcoin’s March drop to $50,000. Just before the deep market crash of early December, analyst Michael van de Poppe told his 518,000 Twitter followers that he expects Bitcoin to correct sharply and leave an impression that the bull market is over. After the analyst’s forecast, the BTC price dropped to $ 42,000. Apart from these, the master analyst has other successful cryptocurrency predictions.