As every year, since we entered the 4th quarter of the year this year, Bitcoin and altcoin predictions from analysts continue to come one after another. Especially after the unforgettable mega bull of BTC in December 2017, at the end of each year, “Can there be new records in BTC and altcoins like in the past?” question comes to mind.
Standing out with his consistent predictions, Michael van de Poppe made new predictions about cryptocurrencies as the end of the year approached.
The famous name, who drew attention to a chart for Bitcoin, showed a parabolic rise chart and shared, “This line is really important for Bitcoin”.
The most important line for #Bitcoin, yes. of course. very important. Much important. https://t.co/IPZn12kbSy
— Michaël van de Poppe (@CryptoMichNL) October 2, 2021
The famous name, who also predicted for Ethereum, used the following statements: “When BTC starts to consolidate, we see that ETH gains value against BTC. The path to the $15,000 – $20,000 range is clear in Ethereum. Also, I think the greatest altcoin season of all time hasn’t happened yet and it’s on the sidelines.”
#Bitcoin consolidating a little, and $ETH / $BTC bouncing upwards swiftly.
The path towards $15,000-20,000 per $ETH is open.
Also, I’m assuming the biggest sub season of all time is still around the corner.
— Michaël van de Poppe (@CryptoMichNL) October 2, 2021
Expressing that he expects a serious rise in ETH with this statement, the famous name also touched on the wrong strategies in the market. He underlined that this behavior is extremely wrong, saying, “When the BTC price drops to the $38,000 – $41,000 band, no investor invests, but when it rises to $47,000, they start investing.”
Because, as we mentioned in every analysis, “a product is bought when it is falling and sold when it is rising”.
*Not investment advice.