Popular crypto analyst Michaël van de Poppe thinks history is repeating itself and that Bitcoin (BTC) will have a market rally in the coming months.
Van de Poppe tells his 536,400 Twitter followers that the crypto market will continue to bottom this month into January before altcoins begin a run in Q1 of 2022, followed by BTC the next quarter.
Van de Poppe thinks a market correction will occur in Q3, followed by a bull run to end in Q4.
Says the analyst,
“If I’d want to position myself well, I’d want to buy into crypto at this stage.
The sentiment is still not the best, while many altcoins are down a lot, some even 80% since their ATH [all-time high].
The adoption is even growing and price-wise, those coins are in heavy support zones.”
Van de Poppe also says it’s a good time to invest in VRA, the native token for Verasity. Verasity is a decentralized next-generation video-sharing blockchain network that offers reward incentivized infrastructure to major publishers and game developers worldwide.
VRA, the 363rd-ranked crypto asset by market cap, is trading at $0.035002 at time of writing, up by more than 11% in the past 24 hours.
Check Price Action
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Alexxxey/IM_VISUALS
Credit: Source link