A famous crypto analyst, this altcoincould double its price if it breaks a certain resistance level. in your opinion.
Michaël van de Poppe Polkadot’He stated that flour (DOT) could experience an increase of more than 135%. He stated that this could happen if it exceeds the $9.40 resistance.
“I think we will see a similar development in other ecosystems. One of them is Polkadot, which is currently trending bullish on higher time frames. Therefore, it seems possible that DOT will rise above $17.”
Looking at DOT’s chart, the trader claims that if the $9.39 resistance level turns into support, DOT could rise to $17.
At press time, the altcoin is trading at $7.21 over the last 24 hours, up 1.97%.
Trader also, on Friday ‘Bitcoin’He states that he does not expect the price to experience a sudden increase by exceeding the $ 48,000 level.
“Bitcoin surpassed $48,000. “I was surprised by this power, but I must say I liked it.”
Finally, he cited a recent interview in which Russian President Vladimir Putin said that the US debt level is alarming. The trader believes that Bitcoin is a safe haven asset in case of an economic collapse.
“Putin stated that the US’s $33 trillion debt is a major concern for the rest of the world. This part is more important than we think today. Buy Bitcoin. Buy gold. “This is a measure against bankruptcy, not inflation.”
At press time, Bitcoin is trading at $47,436, up nearly 3% in the last 24 hours.
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