Bitcoin

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 <p>Cryptocurrency analyst and trader Michaël van de Poppe says that one top-15 digital asset could soon soar against Bitcoin (BTC).</p>
 <p>Van de Poppe tells his 685,300 followers on the social media platform X that decentralized oracle provider Chainlink (LINK) could rally more than 167% against Bitcoin (LINK/BTC).</p>
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 <p><em>“Chainlink has held a crucial level of support on the BTC pair and is likely going to continue from here. Crucial breakout above 0.00045 BTC, if that breaks, a run to 0.0008-0.001 BTC seems next.”</em></p>
 <figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GEM3Jj2W4AAiaFH?format=png&amp;name=medium" alt="Image" width="1200" height="632">
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   Source: Michaël van de Poppe/X
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 <p>Looking at his chart, the trader suggests that LINK/BTC is on the verge of a trend reversal and about to break through a key resistance level at 0.0004480 BTC ($18.63).</p>
 <p>LINK/BTC is trading for 0.0003741 BTC ($15.59) at time of writing.</p>
 <p>The trader also weighs in on Bitcoin as the crypto king dipped to the low $40,000s this week. He believes Bitcoin is in the early stages of a bull market cycle and wouldn’t be surprised to see a correction to the $36,000 level.</p>
 <p><em> “Bitcoin isn’t into a bear market; it’s at the start of a new bull cycle. However, as it’s at the start of a new bull cycle, discussions will be heavy between the two groups… </em></p>
 <p><em>Perhaps we’re there already for Bitcoin, but it seems likely that we’ll test lower before we can have a reversal back up. My personal interest is between $36,000-$40,000 to be accumulating more into Bitcoin. The range remains defined.”</em></p>
 <figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GEOC3AFWgAEEbui?format=png&amp;name=4096x4096" alt="Image" width="2274" height="1220">
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   Source: Michaël van de Poppe/X
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 <p>Bitcoin is trading for $41,636, up slightly in the last 24 hours.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-strategist-micha-l-van-de-poppe-says-this-ethereum-based-altcoin-could-surge-over-160-against-bitcoin-tbt77191.html">https://thebittimes.com/crypto-strategist-micha-l-van-de-poppe-says-this-ethereum-based-altcoin-could-surge-over-160-against-bitcoin-tbt77191.html</a></p>

Crypto Strategist Michaël van de Poppe Says This Ethereum-Based Altcoin Could Surge Over 160% Against Bitcoin

TheBitTimes

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