According to crypto analyst Michaël van de Poppe, Bitcoin could potentially rise by 50% during the first year of its bull cycle. He explains that after a one-year bear market and accumulation period, Bitcoin is entering the first year of the bull cycle, with a potential high of $50,000 to $55,000. The analyst also predicts that altcoins will start to rally before Bitcoin reaches its all-time high. He believes that the confirmation of the bear market being over is almost certain, especially with Bitcoin breaking the $28,000 mark and holding the 200-week exponential moving average. At the time of writing, Bitcoin is trading at $36,689.
Here’s How High Bitcoin Could Soar in the First Year of Its Bull Cycle, Says Crypto Analyst Michaël van de Poppe
US & Israeli team, studied finance and journalism & analytical markets.
The team have been professional traders for over 6 years.
Specializes in cryptocurrencies and has done extensive research on the available currencies and exchanges
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| Name | Price |
|---|---|
Bitcoin
(BTC)
| $44,093.00
|
Ethereum
(ETH)
| $2,354.59
|
Tether
(USDT)
| $1.00
|
BNB
(BNB)
| $240.88
|
XRP
(XRP)
| $0.67
|
Solana
(SOL)
| $73.48
|
USDC
(USDC)
| $1.00
|
Lido Staked Ether
(STETH)
| $2,350.72
|
Cardano
(ADA)
| $0.56
|
Dogecoin
(DOGE)
| $0.101796
|