- Michaël van de Poppe stated that a significant opportunity for the BTC, ETH, and Crypto market has now been reached.
- He also marked the importance of the ECB President and FED Chair’s Speeches on monetary policy.
Michaël Van de Poppe’s Market Prediction
The famous crypto analyst, Michaël van de Poppe, recently shared his point of view on the top-two cryptocurrencies Bitcoin (BTC), Ethereum (ETH), a mid-cap Altcoin, and the crypto market.
On September 8, 2022, he shared a Tweet related to Bitcoin as it is performing quite well, but also needs to perform with the continuation of more than $19.5K. He said, “Bitcoin is going so far so good, but needs continuation above $19,500. Then, party time is on. Today can be important with Lagarde and Powell speaking.”
Bitcoin, currently performing at the price of $20,989.96 USD with an increase of 8.47% in the past 24 hours.
Van de Poppe then also shared, “Bottom. Ethereum mooning. Other altcoins are following. Dollar dropping. Long crypto.”
Before the Tweet of Van de Poppe, ETH was performing at the price range of $1,500 USD which then jumped to $1,643 USD. It is now priced at $1,703.00 USD with a 24-hour up of 3.99%.
On Ethereum challenger EOS, he additionally said, “Very strong bounce on EOS on the desired level. Looks solid for continuation to $2.” Its current price while writing is $1.69 USD.
Now turning towards the crypto market cap, Van de Poppe kept his view as, “If you’d ask me, then a beautiful retest is being made on the total market capitalization on the 200-Week MA. That implies a significant buying opportunity for you on the crypto markets as [US dollar index] is getting towards a climax too. Going as planned, so far.”
Source: https://www.thecoinrepublic.com/2022/09/09/michael-van-de-poppes-view-on-btc-eth-and-crypto-market/