Here’s how much Bitcoin, Ethereum, Cardano and five more altcoins will increase this cycle, according to crypto analyst Michaël Van De Poppe

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As the crypto markets go through a period of largely sideways price action, popular strategist and trader Michaël van de Poppe offers predictions for a number of popular cryptocurrencies.

The crypto analyst tells his 513,000 Twitter followers that he believes Bitcoin (BTC) will hit $ 350,000 to $ 450,000 at the end of the current market cycle.

It sees Ethereum (ETH) land in the $ 10,000 to $ 17,500 range, with Polkadot (DOT) and Chainlink (LINK) both hitting around $ 250 to $ 350.

Van de Poppe predicts that Cardano (ADA) will hit the $ 10 to $ 20 region, Zilliqa (ZIL) will end between $ 5.00 and $ 7.00 and Elrond (EGLD) will hit $ 1,500 to $ 1,750. Last on its list is DIA, with a prediction of $ 50 to $ 75.

Van de Poppe also describes his approach to Bitcoin as the crypto king stays below $ 60,000, more when he thinks it’s a good time to buy altcoins.

“It’s very simple. Below $ 60,000 I stayed cautious / bearish as I would like to see this area switch.

Levels to watch for purchases; Zone 53K-54K $ and zones 47-50K $ for Bitcoin.

When to buy altcoins? December. Nothing has changed in recent weeks.

The analyst then considers a more bearish scenario for BTC below $ 56,000. He explains how Bitcoin could drop below $ 50,000 and go all the way to a breakout from February to March 2022.

“Another scenario for Bitcoin if $ 56,000 is lost. “

Source: Michaël van de Poppe / Twitter

Van de Poppe concludes his analysis by looking at Cardano on the Bitcoin chart. According to him, 2350 satoshis is an important benchmark on the ADA / BTC trading pair, with a potential breakout above 3000 sats in a few months.

“Very easy with Cardano.

We copy / paste the 2020 structure in which it corrects strongly in the second quarter of the year.

Assuming a green flip would be a trigger or test at 2350 sats.

Source: Michaël van de Poppe / Twitter

At the time of writing, crypto assets on Van de Poppe’s Prediction List are billed as follows:

Bitcoin (BTC): $ 56,737 Ethereum (ETH): $ 4,505 Polkadot (DOT): $ 35.78 Chainlink (LINK): $ 24.59 Cardano (ADA): $ 1.70 Zilliqa (ZIL): 0, $ 08 Elrond (EGLD): $ 359 DIA (DIA): $ 1.81 Check Price Action Don’t Miss a Beat – Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check the latest news Disclaimer: Opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

Featured Image: Shutterstock / KHIUS / Vladimir Sazonov

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