Van de Poppe’s End Of Cycle Targets For BTC, ETH, DOT, LINK, ADA, EGLD, ZIL And DIA
A top crypto strategist and trader Michaël van de Poppe, gives his end of cycle predictions for a number of popular cryptocurrencies, as the markets continue moving sideways.
Van de Poppe reminded his 513.6K followers on Twitter his end of cycle price targets for most parts is still valid, although some might even be conservative.
“Reminder, peak high bull cycle prediction;
Bitcoin to $350,000-450,000
Ethereum to $10,000-17,500
Polkadot to $250-350
Chainlink to $250-350
Cardano to $10-20
Zilliqa to $5-7
Elrond to $1.500-1.750 (already hit -> revised now)
The analyst also draws entry levels to buy Bitcoin while it remains under $60K. He also talks about the timing to buy altcoins.
“It’s very simple. Below $60K I’ve remained cautious/bearish as I’d like to see that area flip.
Levels to watch for buys; $53K-54K zone and $47-50K zones for Bitcoin.
When to buy altcoins? December. Nothing has changed past weeks.”
Van de Poppe also looks into a potential bearish short term scenario for Bitcoin, if it would fail to hold a key support level at $56K. Should that happen and Bitcoin would slide below $50K, and stay there until a breakout from February into March of next year.
