• Crypto strategist Michaël van de Poppe is predicting a quick Bitcoin (BTC) bounce after dipping below $29,000.
• He also predicts that decentralized oracle network Chainlink (LINK) could be about to reclaim the $9.27 level sometime before September.
• Van De Poppe expects the total market capitalization of digital assets to increase from $1.14 trillion to $2 trillion by early 2024 and then rise as high as $3 trillion by 2025.
Crypto Analyst Predicts Imminent Bounces
A closely followed crypto strategist, Michaël van de Poppe, is predicting a quick Bitcoin (BTC) bounce after dipping below $29,000 while also calling for one Ethereum-based altcoin to take off. Van de Poppe tells his 661,500 Twitter followers that Bitcoin is likely to soon reclaim the $30,000 range after touching a strong demand area near the $28,300 level. In addition he predicts that decentralized oracle network Chainlink (LINK) could be about to reclaim the $9.27 level sometime before September.
Van De Poppe’s Market Capitalization Prediction
Van De Poppe is also predicting a massive inflow of liquidity to the overall total market capitalization of digital assets in the coming months. According to Van De Poppe, the total market cap of digital assets will likely increase from $1.14 trillion to $2 trillion by the beginning of next 2024 before a correction and a subsequent wave back up to all-time highs at $3 trillion by 2025.
Bitcoin Volatility
In a new video strategy session, van de Poppe tells his 162,000 YouTube subscribers that Bitcoin’s low volatility indicates price action may soon heat up for BTC. He suggests Bitcoin could end up setting a new local low around $27,000 before recovering.
Conclusion
Ultimately Van De Poppes predictions suggest both Bitcoin and one Ethereum based altcoin are poised for an imminent bounce as well as an overall increase in liquidity for digital assets in general over time..