The altcoins are being watched by a widely-followed crypto analyst.BTC() has a new breakout that is causing a stir on the stock market.
Crypto trader Michaël van de Poppe tells BTC’s 708,300 social media followers, on the platform X, told him that BTC needs only to be above $67,000 for it to retest all-time highest (ATH).
Bitcoin is holding above key levels.
If it remains above $67,000 we will be able to conduct another ATH.
“Overall, the upwards return for Bitcoin before halving seems relatively skewed.”
BTC’s value is $71,169 as of the time of this writing. It was just $73,737 short of its ATH earlier in the month.
Van de Poppe retail traders BTC hasn’t attracted much interest from the public.
Bitcoin has reached a new high. Retailers, however, don’t seem interested.
Altcoins still have a low value, but there’s no interest.
These opportunities do not come up very often.
Van de Poppe also says The secret to trading altcoins with success is having a “narrow window.”
The key to my success, in my opinion, is holding positions over a long period but being able compound them.
Altcoins only have a small window for success, in which profits from altcoins should be exchanged to BTC.”
Lookup specifically at Cosmos (ATOMThe analyst believes that the movements of altcoins could indicate the overall altcoin markets.
I’m happy to see ATOM growing.
Altcoins are slowly but surely waking up.”
ATOM’s value is $12.45 as of the time this article was written, an increase of 5% over the past week.
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Source: dailyhodl.com