This Crypto Analyst Predicts Price Rebounds For Bitcoin And Ethereum: Here’s How High They’re Going

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Amsterdam-based well-liked cryptocurrency analyst Michaël van de Poppe says Bitcoin BTC/USD and Ethereum ETH/USD are on the verge of bouncing again available in the market. 

He says that Bitcoin could possibly be on the best way to $31,800 after holding the $30,000 worth. 

“Bitcoin held the $30,000 degree, so lengthy would nonetheless be intact from the $29,300 area. Now flipping $30,300 can be continuation in direction of $31,800 doable,” says Van de Poppe.

Additionally Learn: Crypto Dealer Who Warned Bitcoin Would Break Below $30K, Now Predicts New 52-Week Low

Speaking in regards to the ETH, he says it’s close to a “potential bounce play.” 

“Ready for the $1,720 area on ETH for a possible bounce play. The identical goes for BTC, round $29,000 after this harsh rejection,” he provides. 

Earlier, he had predicted that ETH might even high $20,000 in 2022.  On the time of writing, BTC was buying and selling at $29,555, up 1.95% within the final seven days. In the meantime, Ethereum was at $1,763, down  0.95% within the final week. 

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