Bitcoin (BTC) had a strong start to the week in which the FED will announce its final interest rate decision for 2024, reaching a new ATH above $107,000.
At this point, while investors expect BTC to experience a big rally in 2025, analyst Michael van de Poppe, who is closely followed by investors, announced his predictions.
Poppe, who also made price predictions for Ethereum (ETH), Solana (SOL) and Chainlink (LINK) in addition to Bitcoin, predicted that this cycle would be similar to the cycle in 2017 and that there would be a cycle with a lot of upward potential.
Poppe listed his predictions as follows:
“I wouldn’t be surprised if we see the following numbers this cycle:
Bitcoin is between 300 thousand and 500 thousand dollars
Ethereum is between 15 thousand and 25 thousand dollars
Solana $1,500-$2,500
Chainlink is between $250-$300
In this cycle, I won't be surprised if we see the following numbers:
– $BTC $300-500K
– $ETH $15-25K
– $SOL $1.5-2.5K
– $LINK $250-300I think we'll have a comparable cycle to 2017 with a lot of upside.
— Michaël van de Poppe (@CryptoMichNL) December 16, 2024
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/experienced-analyst-reveals-huge-bullish-predictions-for-bitcoin-btc-ethereum-eth-and-solana-sol/