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January 31, 2021

Top Analyst Reveals Just How High Bitcoin, Ethereum and Six Additional Altcoins Can Go This Cycle

By Daily Hodl Staff

Widely-followed crypto strategist and trader Michaël van de Poppe is revealing his bull market predictions for Bitcoin, Ethereum, and six other crypto assets.

In a new tweet, Van de Poppe tells his 114,700 followers that he sees Bitcoin (BTC) surging as much as 1,223% this bull cycle from its current price of $34,000.

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“Bitcoin to $350,000-450,000.”

In the near term, however, Van de Poppe expects BTC to continue consolidating before the next leg up.

As for Ethereum (ETH), the trader says the leading smart contract platform can possibly grow over 12x  from its value of $1,360 before the bull market tops out.

“Ethereum to $10,000-17,500.”

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Van de Poppe is also watching interoperability blockchain Polkadot (DOT), which he says has an upside potential of nearly 1,960%.

“Polkadot to $250-350.”

Looking at Zilliqa (ZIL), the trader believes the high throughput blockchain is printing an extremely bullish market structure.

“How about a bullish chart? This one of Zilliqa is a massive bullish chart. Still nicely consolidating above the regions I’ve provided earlier. Most likely some further consolidation before continuation towards the all-time high regions.”

Source: Van de Poppe/Twitter

Before the current boom cycle is over, Van de Poppe predicts ZIL to skyrocket between $5 and $7 from its current trading price of $0.07.

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Chainlink (LINK) is another coin that’s on Van de Poppe’s radar. He notes that the decentralized oracle network is en route to more than doubling its value after successfully holding a key level.

“The previous resistance receives tests before continuation. Happened every time, happens now again. The $20 area got tested and validated as an easy entry point. Could be low or $16-$17.50 will be. The continuation to $50.”

Source: Van de Poppe/Twitter

In the long term, the analyst believes LINK can soar to the $250 – $350 range.

The next coin on Van de Poppe’s list is decentralized finance oracle platform DIA which is currently trading at $1.87. As DIA is threatening to take out immediate resistance of $1.88, says Van de Poppe, he expects the crypto asset to soar over 54% by March to $2.94.

“The grey area held for support, through which DIA is preparing itself for the first bull run.”

Source: Van de Poppe/Twitter

In the long term, Van de Poppe predicts that DIA can generate returns of nearly 3,390% as he believes it can rise to $50 – $75 before the bull market loses steam.

Van de Poppe is also sharing his price predictions for smart contract platform Cardano (ADA) and internet scale blockchain Elrond (EGLD). He highlights ADA’s potential to soar between $10 and $20, which represents growth of as much as 5,600% from its current value of $0.35.

As for Elrond, Van de Poppe’s bull market target of $500 – $750 puts EGLD in a position to print gains of as high as 1,036% from its price of $66.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/kkssr