Crypto trader Michael van de Poppe says interest in Bitcoin is coming soon Ethereum He claimed that he would shift to the world of altcoins, especially. Here are the latest predictions of the popular trader2 about the agenda.
Posting a new video on YouTube channel Michael van de Poppe, stated that the Ethereum price is now in a period of attracting attention. Trader pointed out that since the Dencun update, the aim is to reduce the fees for Layer-2 transactions. However, in addition to this update, speculation about the possible approval of ETH spot ETFs is also helping to garner interest.
As Koinfinans.com reported, earlier this month, global investment giant Franklin Templeton attracted attention by applying to the US Securities and Exchange Commission (SEC) for the spot market Ethereum (ETH) exchange-traded fund (ETF).
cryptocurrency Looking at the rest of the market, Van de Poppe thinks investors will roll their gains from Bitcoin into altcoins as he believes BTC’s upside is limited at current levels.
While the trader predicted that the Ethereum price would correct less, he underlined that the ETH/BTC pair would rise accordingly.
“If that is the case, you can be pretty sure that Bitcoin has peaked, which means diving into USDT will be used in part to buy the dip in altcoins, plus EV (expected value) but also diving into altcoins makes a lot of sense anyway.”
