Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

XRP has to close above these price levels to make Beararish forecast invalid

2025-05-11

Optimism [OP] Breaks $ 0.85 neckline – this is what it means for traders

2025-05-11

Bitcoin: Whales withdraw 110k BTC – a prelude to a new ATH?

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    DAC and Origo Partner to transform health care via Web3 Innovation

    2025-05-11

    Tether to make non-right wallet template: Details

    2025-05-11

    Map -Protocol reveals revolutionary interoperability between Bitcoin and Solana networks

    2025-05-11

    DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

    2025-05-11

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP has to close above these price levels to make Beararish forecast invalid

    2025-05-11

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Bitcoin’s upside potential is limited for now as ETF announcement approaches, says Crypto Trader – here’s its outlook
Analysis

Bitcoin’s upside potential is limited for now as ETF announcement approaches, says Crypto Trader – here’s its outlook

2024-01-01No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A popular crypto analyst believes that the current upside potential for Bitcoin is limited, despite the possible adoption of BTC exchange-traded funds (ETFs) in the spot market.

The widely followed strategist Michaël van de Poppe tells According to its 680,000 followers on social media platform

However, Van de Poppe says he envisions BTC reaching a new all-time high by the end of 2024.

“My view for Bitcoin price action remains the same. I expect we are on the positive side relatively speaking with the news of the approval of spot ETFs. Perhaps peaking at $48,000-$52,000 and then a relatively quiet period of sideways, range-bound price action until a new ATH (all-time high) in late 2024.”

GCl5rbJXUAAnwfU
Source: Michaël van de Poppe/X

Bitcoin is trading at $42,391 at the time of writing, up fractionally over the past day.

We move on to the best smart contract platform Ethereum (ETH), Van de Poppe say that he believes the top altcoin is bottoming against Bitcoin (ETH/BTC), adding that the first quarter of 2024 would be a “reasonable period” for ETH.

“Ethereum is showing signs of a potential bottom. Since I suspect Bitcoin has almost completed this uptrend, I think Ethereum will start to take over. Based on historical price action, multiple signals of a potential reversal + Q1 is a reasonable period for Ethereum.”

GCl6KRoWMAA_Kxs
Source: Michaël van de Poppe/X

Looking at the trader’s chart, he seems to predict that ETH/BTC will rise to 0.12 BTC ($5,088) by April 2024. At the time of writing, ETH/BTC is worth 0.05384 BTC ($2,282).

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

follow us on Tweet, Facebook And Telegram

Surf to the Daily Hodl mix

Generated image: Midjourney



Source link

See also  Integrates accumulation with BION to stimulate web3 with crypto
Announcement Approaches Bitcoins Crypto ETF Heres Limited Outlook potential trader Upside
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP has to close above these price levels to make Beararish forecast invalid

2025-05-11

Asset Management Giant BlackRock held a meeting with SEC to discuss Crypto institution, tokenization and more

2025-05-11

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Bullish Continuation for XRP price shows possible recovery up to $ 4

2025-05-11
Add A Comment

Comments are closed.

Top Posts

Bitcoin’s lifting tree positions fall as the risky appetite of traders drops

2025-03-11

Bitcoin: Why Investors Shouldn’t Worry About BTC Under $50,000

2024-02-14

Analyst Updates Bitcoin And Ethereum Price Targets, Predicts Next 18 Months Will Be An ‘Absolute Fun’

2023-07-06
Editors Picks

X Updates its Terms, Bans Data Scraping& Crawling

2023-09-08

Crypto assets will vastly outperform technology as the main catalyst starts to kick in: Macro guru Raoul Pal

2023-11-27

Eden partners with PAIH to roll out Blockchain solution in Poland and Europe

2025-01-27

Is Bitcoin history repeating itself? Why a bull run is planned

2024-10-06
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP has to close above these price levels to make Beararish forecast invalid

Optimism [OP] Breaks $ 0.85 neckline – this is what it means for traders

Bitcoin: Whales withdraw 110k BTC – a prelude to a new ATH?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,794.140.07%
  • ethereumEthereum(ETH)$2,494.38-2.67%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.36-3.24%
  • binancecoinBNB(BNB)$650.22-0.89%
  • solanaSolana(SOL)$171.72-1.62%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.230208-5.40%
  • cardanoCardano(ADA)$0.80-2.49%
  • tronTRON(TRX)$0.2647940.73%
  • suiSui(SUI)$3.99-1.00%
  • chainlinkChainlink(LINK)$16.94-2.38%
  • avalanche-2Avalanche(AVAX)$24.60-3.82%
  • stellarStellar(XLM)$0.305457-2.16%
  • shiba-inuShiba Inu(SHIB)$0.000016-3.17%
  • hedera-hashgraphHedera(HBAR)$0.204774-5.17%
  • the-open-networkToncoin(TON)$3.36-2.46%
  • hyperliquidHyperliquid(HYPE)$24.97-2.24%
  • piPi(PI)$1.1550.69%
  • bitcoin-cashBitcoin Cash(BCH)$407.82-4.60%
  • polkadotPolkadot(DOT)$5.07-1.70%
  • unus-sed-leoUNUS SED LEO(LEO)$8.35-1.22%
  • litecoinLitecoin(LTC)$99.69-4.42%
  • moneroMonero(XMR)$332.223.00%
  • pepePepe(PEPE)$0.0000140.63%
  • bitget-tokenBitget Token(BGB)$4.86-0.99%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.87-2.45%
  • bittensorBittensor(TAO)$450.25-2.18%
  • nearNEAR Protocol(NEAR)$3.13-5.07%
  • aptosAptos(APT)$5.87-1.55%
  • aaveAave(AAVE)$218.93-4.30%
  • okbOKB(OKB)$54.98-0.52%
  • ondo-financeOndo(ONDO)$1.03-4.97%
  • kaspaKaspa(KAS)$0.1168097.69%
  • internet-computerInternet Computer(ICP)$5.73-0.10%
  • ethereum-classicEthereum Classic(ETC)$19.81-3.60%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.73-4.72%
  • render-tokenRender(RENDER)$5.18-4.62%
  • gatechain-tokenGateToken(GT)$21.81-2.22%
  • mantleMantle(MNT)$0.800.93%
  • vechainVeChain(VET)$0.031080-1.93%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.256085-5.00%
  • crypto-com-chainCronos(CRO)$0.098024-4.52%
  • ethenaEthena(ENA)$0.400706-2.20%
  • arbitrumArbitrum(ARB)$0.448831-8.87%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • filecoinFilecoin(FIL)$3.13-2.26%
  • cosmosCosmos(ATOM)$5.290.03%
  • bitcoinBitcoin(BTC)$103,794.140.07%
  • ethereumEthereum(ETH)$2,494.38-2.67%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.36-3.24%
  • binancecoinBNB(BNB)$650.22-0.89%
  • solanaSolana(SOL)$171.72-1.62%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.230208-5.40%
  • cardanoCardano(ADA)$0.80-2.49%
  • tronTRON(TRX)$0.2647940.73%
  • suiSui(SUI)$3.99-1.00%
  • chainlinkChainlink(LINK)$16.94-2.38%
  • avalanche-2Avalanche(AVAX)$24.60-3.82%
  • stellarStellar(XLM)$0.305457-2.16%
  • shiba-inuShiba Inu(SHIB)$0.000016-3.17%
  • hedera-hashgraphHedera(HBAR)$0.204774-5.17%
  • the-open-networkToncoin(TON)$3.36-2.46%
  • hyperliquidHyperliquid(HYPE)$24.97-2.24%
  • piPi(PI)$1.1550.69%
  • bitcoin-cashBitcoin Cash(BCH)$407.82-4.60%
  • polkadotPolkadot(DOT)$5.07-1.70%
  • unus-sed-leoUNUS SED LEO(LEO)$8.35-1.22%
  • litecoinLitecoin(LTC)$99.69-4.42%
  • moneroMonero(XMR)$332.223.00%
  • pepePepe(PEPE)$0.0000140.63%
  • bitget-tokenBitget Token(BGB)$4.86-0.99%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.87-2.45%
  • bittensorBittensor(TAO)$450.25-2.18%
  • nearNEAR Protocol(NEAR)$3.13-5.07%
  • aptosAptos(APT)$5.87-1.55%
  • aaveAave(AAVE)$218.93-4.30%
  • okbOKB(OKB)$54.98-0.52%
  • ondo-financeOndo(ONDO)$1.03-4.97%
  • kaspaKaspa(KAS)$0.1168097.69%
  • internet-computerInternet Computer(ICP)$5.73-0.10%
  • ethereum-classicEthereum Classic(ETC)$19.81-3.60%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.73-4.72%
  • render-tokenRender(RENDER)$5.18-4.62%
  • gatechain-tokenGateToken(GT)$21.81-2.22%
  • mantleMantle(MNT)$0.800.93%
  • vechainVeChain(VET)$0.031080-1.93%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.256085-5.00%
  • crypto-com-chainCronos(CRO)$0.098024-4.52%
  • ethenaEthena(ENA)$0.400706-2.20%
  • arbitrumArbitrum(ARB)$0.448831-8.87%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • filecoinFilecoin(FIL)$3.13-2.26%
  • cosmosCosmos(ATOM)$5.290.03%