Following the FED’s decision to keep interest rates constant, famous cryptocurrency analyst Michaël van de Poppe cryptocurrency He shared his views on the current situation of the market.
Following the dovish stance of the Federal Open Market Committee (FOMC) and the expectation of a rate cut, van de Poppe said before the FOMC announcement to Bitcoin He stated that a risk-free approach was taken towards However, he believes the Bitcoin trend will continue upwards and $47,000 to $50,000 is a target before this spot ETF rally.
Van de Poppe also of Ethereum He draws a bullish outlook for the second-largest cryptocurrency by market value, predicting that it will gain momentum in the coming months.
In addition to Van de Poppe’s analysis, another analyst Ali Martinez also shared his views on Binance Coin (BNB). According to Martinez, BNB may be forming a Head-and-Shoulders formation. A sustained close above the neckline at $261 could ignite a bullish breakout and potentially push BNB towards $310.
*This is not investment advice.
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