A popular crypto analyst with a large following states that the leading crypto Bitcoin (BTC) could test the $24,000 range before rising. The analyst also examines the charts of two altcoin projects and says that one of them is at a once-in-a-lifetime price.
According to analyst, Bitcoin (BTC) can test $24,000
Popular crypto trader and analyst Michaël van de Poppe tells his 598,300 Twitter followers that Bitcoin (BTC) must first surpass $29,600 to get back to the $30,000 tops. The analyst makes the following assessment:
Bitcoin cleared all liquidity below bottoms and dropped to the $26,000 block. Although the move has been overstretched, there is still around $24,000 left that can be tested. If it wants anything to the upside, a break above $29,600 is needed.
Source: CryptoMichNL / Twitter Leading crypto Bitcoin was trading at $30,454, up 4.21% in the last 24 hours at press time, according to data from CoinMarketCap. The first crypto asset by market cap has lost 15.47% in the last 7 days
Will the leading altcoin continue to bounce?
Michaël Van de Poppe looks at leading smart contract platform Ethereum and says that ETH made a decent bounce from the May 11 low of $1,824 to the current $2,097. The analyst uses the phrases:
Good, Ethereum. Let’s keep jumping.
Source: CryptoMichNL / Twitter
Michaël Van de Poppe: You won’t find this price again for Chainlink
The analyst also shares his views on Blockchain oracle LINK, a crypto designed to promote the use of the Chainlink network that connects smart contracts and allows any Blockchain to access real-world data. Michaël Van de Poppe sees this price as an opportunity:
LINK at $6 is a once-in-a-lifetime opportunity.
At the time of writing, the altcoin was trading at $7.35, up 11.16% in the last 24 hours and down 31.35% in the past week, according to data from CoinMarketCap.
