Wednesday, May 5, 2021

Crypto Michael Predicts How High BTC, ETH, ADA, DOT Can Go In This Bull Cycle

Popular crypto analyst and trader, Michaël van de Poppe, also known as Crypto Michael, has revealed his bull market predictions for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polkadot (DOT) and two other digital assets.

In a new tweet, Crypto Michael told his over 144,000 followers that he sees Bitcoin (BTC) surging as much as 1223% this bull cycle from its current price of about $34,000.

Read Also: Analyst: Ethereum (ETH) Gathering Momentum to Surpass $500 Price Level

Crypto Michael tweeted, “Bitcoin to $350,000-450,000.”

Howbeit, in the near term, the analyst expects Bitcoin (BTC) to continue its consolidation before the next price upsurge.

As for Ethereum (ETH), the trader says the second-largest cryptocurrency can possibly grow over 12x from its value of $1,350 before the bull market tops out.

“Ethereum to $10,000-17,500.”

Van de Poppe is also sharing his price predictions for smart contract platform Cardano (ADA) He highlights ADA’s potential to soar between $10 and $20, which represents a growth of as much as 5,600% from its current value of $0.35.

Read Also: Bitcoin (BTC) Loses $30,000 Support, Erasing Almost All of 2021’s Gains. Here’s why

Van de Poppe is also watching interoperability blockchain Polkadot (DOT), which he says has an upside potential of nearly 1,960%.

“Polkadot to $250-350.”

Regarding Zilliqa (ZIL), the trader says the high throughput blockchain is printing an extremely bullish market structure.

“How about a bullish chart? This one of Zilliqa is a massive bullish chart. Still nicely consolidating above the regions I’ve provided earlier. Most likely some further consolidation before continuation towards the all-time high regions.”

Before the current boom cycle is over, Van de Poppe predicts ZIL to skyrocket between $5 and $7 from its current trading price of $0.07.

Chainlink (LINK) is another coin that’s on Van de Poppe’s radar. He notes that the decentralized oracle network is en route to more than doubling its value after successfully holding a key level.

Read Also: Crypto Michael Sees XRP, Litecoin (LTC), Bitcoin Cash (BCH) Displaced from Top 10 Position

“The previous resistance receives tests before continuation. Happened every time, happens now again. The $20 area got tested and validated as an easy entry point. Could be low or $16-$17.50 will be. The continuation to $50.”

In the long term, the analyst believes LINK can soar to the $250 – $350 area.

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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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