Popular crypto analyst Michaël van de Poppe believes that the current price of the popular altcoin Chainlink (LINK) presents a rare opportunity for investors.
The analyst told 629,900 Twitter followers that Chainlink’s current price remains a great opportunity for its investors. told. Poppe used the following statements about the altcoin:
“Everything is fine for Chainlink for now. The price between $6 and $8 is still a once-in-a-lifetime opportunity.”
Chainlink’s native asset, LINK, is trading at $7.81 at the time of writing. The 22nd-ranked altcoin by market cap has increased by 1.81% in the last 24 hours. LINK managed to hit an all-time high of $52.70 in May 2021.
Van de Poppe also predicts a rally for the king crypto Bitcoin this fourth quarter.
“at DXY [ABD doları endeksi] It’s time for a slight bounce and a correction in the crypto markets. But more importantly, on Friday [ABD] I expect the unemployment data to be bad and then the indices to rise. Q4 relief rally for Bitcoin is on the horizon.”
Van de Poppe, markets; The US Fed claims it has responded positively to the impact of rate hikes on unemployment data and job prospects.
“Slowly but surely the US economy is following the rest of the world. […] ISM PMI [satın alma yöneticileri endeksi] Worst since June 2020. Markets are reacting positively as Gold and Silver rise. A major breakout is imminent for Bitcoin as well.”
The trader predicts a price consolidation at the $19,600 level and an increase to the next resistance level at $22,400 for the leading crypto Bitcoin (BTC).
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.