As the crypto market moves through a period of sideways price movements, strategist Michaël van de Poppe makes predictions for Bitcoin and several well-known Altcoins.

The analyst says Bitcoin will hit the $ 350,000-450,000 range when the current market cycle ends.

The analyst records his approach to Bitcoin as the king of cryptocurrencies stays under $ 60,000.

“Very easy. Below $ 60,000, I will remain cautious / bearish until that area reverses. The purchase consideration levels are the $ 53K-54K zone and the $ 47-50,000 zone.

When to buy altcoins? December, nothing has changed in the last few weeks. ”

The analyst is considering a more bearish scenario for BTC below $ 56,000 with the possibility that the price could drop below $ 50,000 and float until a breakout in February-March 2022.

“Still a scenario for Bitcoin if $ 56,000 is lost.”

The source: Michael van de Poppe / Twitter

As for Ethereum, he expects it to land in the $ 10,000-17,500 range, while Polkadot and Chainlink are both between $ 250 and $ 350.

Additionally, Van de Poppe predicts Cardano will hit $ 10-20, Zilliqa will hit $ 5-7, and Elrond will hit $ 1,500–1,750. At the bottom of their list is the DIA with a prediction of $ 50-75.

The analyst dips into the ADA / BTC pair and says 2350 satoshis is an important baseline with a possible breakout above 3000 sats over the next several months.

“Cardano is copying the structure from 2020, in which it will adjust a lot in the second quarter of the year.

Suppose there is a flip of the blue zone that triggers or tests the Sats level of 2350. ”

The source: Michael van de Poppe / Twitter

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