Cryptocurrency analyst Michael Van de Poppe, who is followed by investors with his predictions, shared with crypto investors the altcoins that he sees as rising potential.
In his post on his Twitter account, the popular analyst said that Bitcoin, Ethereum and VeChain (VET) are at the bottom and it is the best time to buy.
First, referring to Ethereum, the analyst stated that Ethereum’s retesting of the $3,600-3,700 range is a sign for Ethereum to rise, and shared his prediction of ETH to be $4000:
“I think the fix was on Ethereum where we saw a few nice retests. I am waiting for this scenario to happen.”
Secondly, referring to Bitcoin, the analyst drew attention to the fact that almost the same correction experienced in September in Bitcoin is happening now.
“Bitcoin replicates the bottom formation in September. Almost the same as the bottom of September.
Given the low impact of the Fed meeting on prices, I think we will see prices accelerate if critical resistances are broken.”
Finally, evaluating the price of VeChain, Poppe stated that VET has seen the bottom but he expects more accumulation before a breakout occurs.
Finally, Van de Poppe gave his advice for altcoin investors considering buying at the bottom:
“Historically, the best time to buy altcoins is December. It will likely happen again.”
*Not investment advice.