Cryptocurrency

World

Bitcoin

Momentum

Cryptocurrency analyst Michaël van de Poppe made comments about Bitcoin and the general cryptocurrency world in his statement.
Referring to the European Central Bank's recently published article claiming that Bitcoin has failed as a global decentralized digital currency, van de Poppe said that these statements stem from the institution's fear of BTC.
In addition, he reminded that the Euro had lost 30% of its purchasing power throughout its 24-year history and claimed that people escaped from the Euro and took refuge in Bitcoin.
The analyst also touched upon the altcoin world. Pointing out that the total market value of cryptocurrencies other than Bitcoin and Ethereum is still 50% lower than the all-time high, the analyst said that these assets still have momentum potential. In addition, he pointed to the second quarter of 2024 for this potential.
Related News: <a href="https://en.bitcoinsistemi.com/the-cryptocurrency-world-strikes-back-bitcoin-companies-sue-us-government-agencies/" target="_blank" rel="noopener noreferrer nofollow">The Cryptocurrency World Strikes Back: Bitcoin Companies Sue US Government Agencies</a>
The analyst, who published an analysis of the Bitcoin price before the halving, argued that the price of the asset before this event, which represents one of the most important events in BTC history, will see a peak between $ 54,000 and $ 58,000.
However, he suggested that the corporate cycle we are in will put Bitcoin in a major adaptation wave and price levels of $ 300,000 to $ 600,000 per BTC may be seen.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/popular-analyst-reveals-pre-halving-top-level-for-halving-gives-date-for-momentum-to-pick-up-in-altcoins/" rel="noopener noreferrer nofollow">Popular Analyst Reveals Pre-Halving Top Level For Halving: Gives Date for Momentum to Pick Up in Altcoins</a>

Popular Analyst Reveals Pre-Halving Top Level For Halving: Gives Date for Momentum to Pick Up in Altcoins

Bitcoin Sistemi EN

在 2024年2月24日發表的其他文章

Shiba Inu (SHIB) Celebrates New Milestones With Listings: Details

Presale Kelexo (KLXO) proves it’s the future of crypto lending, while Optimism (OP) and Kaspa (KA...

Crypto and Blockchain Investments Surpass $90 Billion Milestone

Goldman Sachs Delays Fed Rate Cut Amid Solid Growth of S&P 500

Industry Analysts Highlight Top DeFi Coins to Watch: Injective, Algotech, and Stacks Lead

Former Binance CEO CZ Ordered to Surrender Canadian Passport and all Travel Docs

訂閱免費電子報，每天收取加密貨幣最新動態！