Analyst: Bitcoin (BTC) and Ethereum (ETH) Poised To Hit $100k and $10k Before 2022
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Crypto trader and analyst, Michaël van de Poppe, popularly known as Crypto Michael in the industry, has recently outlined his price predictions for the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), for the current bull cycle.

In a tweet a few days ago, Crypto Michael said it’s difficult to predict the price of Bitcoin (BTC) in the short-term due to the influence of unforeseen market factors, such as the recent endorsement of the flagship cryptocurrency by the Tesla CEO, Elon Musk.

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However, the top trader predicted that Bitcoin (BTC) would continue to consolidate ahead of a new parabolic movement.

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Crypto Michael ultimately predicted the price would retest $40,000 and a new all-time high, before topping in the cycle at $300,000 or more.

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Van de Poppe was bullish on the outlook for Ethereum (ETH) during the current market cycle, predicting its price increase could rival Bitcoin in terms of percentage gains.

Read Also: UK Investment Manager Dumps Half BTC Holdings after $750M Profit in Less than Two Months

The crypto strategist predicted the price of ETH would pump following a listing on CME Futures. He also said he hoped the market would undergo a correction of 40% before either Bitcoin or Ethereum rally to their cycle tops.

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.