Bitcoin

Chainlink

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/altcoin-surge-predicted-by-crypto-analyst-while-bitcoin-takes-a-breather" rel="noopener noreferrer nofollow">Altcoin Surge Predicted by Crypto Analyst While Bitcoin Takes a Breather</a><br></p>
<p style="text-align: justify">The cryptocurrency market is once again under the microscope as Michaël van de Poppe, a well-regarded crypto analyst, shares his insights on the potential of altcoins during a period of <a href="https://en.bitcoinhaber.net/bitcoins-surge-to-45500-sparks-debate-on-etf-impact-and-future-price-movements" rel="noopener noreferrer nofollow">Bitcoin</a>‘s price stagnation. Van de Poppe’s predictions spotlight the possibility of a significant uptick in the value of Chainlink (LINK), anticipating it could climb by 123% and hit a price range between $30 and $40 in the near future.</p>
<h2 id="chainlink-s-potential-breakout">Chainlink’s Potential Breakout</h2>
<p style="text-align: justify">Chainlink, which has been approaching a pivotal resistance level against Bitcoin, is expected to find a new, higher level of support before possibly escalating to 4500 satoshis. Despite a small market cap contraction, Chainlink’s price is nearing $18.12, showing signs of stabilization. Van de Poppe sees this as a prelude to a substantial price rally.</p>
<h2 id="bitcoin-s-influence-on-altcoins">Bitcoin’s Influence on Altcoins</h2>
<p style="text-align: justify">With Bitcoin’s minor retreat in price, currently hovering around $50,945, altcoins are gaining attention. Van de Poppe suggests that the slight dip in Bitcoin’s value could be a boon for select altcoins, including API3, which he identifies as a prime buying opportunity within its current price range. API3, another oracle service and a market competitor to Chainlink, is also experiencing a notable price drop, trading at $3.78.</p>
<p style="text-align: justify">Van de Poppe maintains an optimistic perspective on Bitcoin’s trajectory, hinting at a potential rebound after its minor pullback, which could signal a continued upward trend and offer a positive signal to investors. Despite not achieving the anticipated $53,000 mark, Bitcoin’s gradual pullback is seen as a mere hiccup in its overall growth narrative.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/altcoin-surge-predicted-by-crypto-analyst-while-bitcoin-takes-a-breather" rel="noopener noreferrer nofollow">Altcoin Surge Predicted by Crypto Analyst While Bitcoin Takes a Breather</a></h5>

Altcoin Surge Predicted by Crypto Analyst While Bitcoin Takes a Breather

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