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Cryptocurrency analyst Michaël van de Poppe gave a general perspective on Bitcoin, Ethereum and altcoins in his statement.
According to the analyst, Bitcoin is trading in a tight range and if it surpasses the $63,000 level, it could see a rise to around $70,000 to $72,000.
On the other hand, commenting on Bitcoin dominance, van de Poppe claimed that the metric peaked at 57.50%. He added that he focused on the altcoin side.
In addition, the analyst argues that the Bitcoin price moves in 4-year cycles and thinks that the current cycle will last until the end of 2026 or possibly 2027. Then, he claims that there may be a crisis in the cryptocurrency market.
Related News: <a href="https://en.bitcoinsistemi.com/watch-out-there-will-be-massive-uge-token-unlocks-loaded-in-35-altcoins-in-the-new-week-here-is-the-day-by-day-hour-by-hour-list/" target="_blank" rel="noopener noreferrer nofollow">Watch Out: There Will Be Massive uge Token Unlocks Loaded in 35 Altcoins in the New Week - Here is the Day by Day, Hour by Hour List</a>
Finally, the analyst, who evaluated the total market value of the altcoin, said that there was a normal correction in dollar terms in this chart. He argued that the correction in Bitcoin pairs has deepened.
BTC price is trading at $60,972 at the time of writing this article and has lost 4.32% in value in the last week. In the last month, the loss rate was 8.82%. Critical data coming from the USA next week will affect the fate of Bitcoin and the cryptocurrency market.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/veteran-analyst-evaluates-bitcoin-btc-dominance-and-altcoins/" rel="noopener noreferrer nofollow">Veteran Analyst Evaluates Bitcoin, BTC Dominance and Altcoins</a>

Veteran Analyst Evaluates Bitcoin, BTC Dominance and Altcoins

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