Ethereum

Bitcoin

Chainlink

Anchor

<p>The crypto markets have seen renewed momentum this past week, with Bitcoin rallying over 11% to near $30,000 and altcoins like Chainlink seeing even bigger gains. As traders wonder whether this signals a broader trend reversal or just a temporary bounce, crypto analyst and trader Michaël van de Poppe <a href="https://www.youtube.com/watch?v=1F--dt4cv90" target="_blank" rel="noopener noreferrer nofollow">has shared</a> his thoughts on where some major cryptocurrencies may be headed next:</p>
<p><em>“If Bitcoin has finished its run, then that’s when ETH starts to pace up, that’s when the other altcoins start to pace up.”</em></p>
<p>Van de Poppe believes Ethereum and altcoins will start to outperform once Bitcoin finishes its current run. With Bitcoin facing resistance near $30,000, an ETH and altcoin breakout could be forthcoming if BTC stalls out here.</p>
<p><em>“The actual ROI is currently being made in Bitcoin, so the markets are waking up, the sentiment is switching.”</em></p>
<p>He notes that Bitcoin is still generating the best returns in the current market environment. But with sentiment beginning to turn bullish again, capital may start flowing back into altcoins soon.</p>
<p><em>“Chainlink is currently making itself ready for the breakout out of the range.”</em></p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="429" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-1024x429.png" alt="" class="wp-image-361500" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-1024x429.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-300x126.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-767x321.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-1536x643.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-2048x857.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-358x150.png 358w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-100x42.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-836x350.png 836w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574-788x329.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-574.png 1656w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Regarding Chainlink, van de Poppe sees it poised for a breakout from its recent trading range between $6-$10. After surging over 25% this past week, a move past $10 could trigger an even bigger rally. He believes a decisive move above $10 for LINK could open the door for a run towards $14 next.</p>
<p><em>“Once we start to break this level (referring to Chainlink), we can suspect we’re going towards $14.”</em></p>
<p>Beyond Chainlink, van de Poppe also highlights Anchor as an altcoin facing a potential breakout. If it can break past key resistance, he sees a rally to 26 cents as possible.</p>
<p><em>“Some other altcoins that I’ve been looking at, for instance, Anchor, it’s currently facing a potential breakout. If it starts to break out, I’m suspecting we are rallying towards 26 cents.”</em></p>
<p>With Bitcoin at a critical juncture and altcoins gaining momentum, traders will be closely watching whether van de Poppe’s analysis plays out over the coming weeks. If BTC stalls and profits rotate into alts, the analyst’s targets could quickly come into play.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/this-is-when-ethereum-will-start-to-pace-up-according-to-michael-van-de-poppe-updates-chainlink-outlook/">This is When Ethereum Will Start to ‘Pace Up’ According to Michaël van de Poppe – Updates Chainlink Outlook</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

This is When Ethereum Will Start to ‘Pace Up’ According to Michaël van de Poppe – Updates Chainlink Outlook

Table of Contents

CaptainAltcoin

Other articles published on Oct 22, 2023

Decoding the Rise in Chainlink (LINK): Korean Exchanges, Whales, and SmartMoney Moves

Bitcoin Dominance Soars to a Two-Year High, Data Shows

Bitcoin SV (BSV) Skyrockets by More Than 58% This Week Amid New Binance Perpetual Contract Listing

This Bitcoin Indicator Reveals “Facts” About BTC’s Price Direction in the Near Future

Metahero (HERO) Price Prediction 2024, 2025, 2030, 2040, and 2050

Bitcoin Remains Resilient Over $28K; Solana & InQubeta Shine Among Retailers

Join our free newsletter for daily crypto updates!