Renowned analyst Michael van de Poppe, a prominent figure in the culture and finance sectors, predicts that it is only a matter of time before Bitcoin (BTC) and altcoins regain their bullish momentum. Sharing his insights on X (formerly Twitter), Van de Poppe noted that both Bitcoin and altcoins are nearing their local bottom.
Bitcoin: Approaching a Critical Turning Point
According to Van de Poppe, the ongoing market correction is nearing its end, and cryptocurrencies are poised to enter a renewed upward trend. He identifies the $90,000 range as an ideal entry point for long positions, suggesting that Bitcoin is moving closer to this target.
The strategist further anticipates that Bitcoin will experience stronger performance following the U.S. presidential election, especially if Donald Trump is re-elected.
“The Bitcoin scenario remains unchanged. I expect a slight downward momentum before Trump’s presidency, followed by a strong upward recovery. The ideal area is around $90,000,” Van de Poppe stated.
Cardano’s Growth Potential
Van de Poppe also shared an optimistic outlook for Cardano (ADA), one of the leading Layer-1 platforms. He believes ADA is nearing its bottom and could reach a new all-time high by the end of this year or 2026.
“The scenario remains consistent. I foresee a strong upward move and a 40% correction, which is nearly complete. I expect new bullish momentum for assets like ADA,” he added.
Currently, Bitcoin is trading at $93,855, while ADA stands at $0.85. Van de Poppe highlighted that these market movements present significant opportunities for investors, provided they act cautiously in this volatile environment.
Positive Signs for Bitcoin and Altcoins
Expert analyses suggest promising signs for the future performance of Bitcoin and altcoins. Van de Poppe’s insights indicate a potential robust recovery in the near term. With Trump’s presidency potentially bolstering Bitcoin and Cardano aiming for substantial levels, investors may consider these predictions in shaping their strategies.
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