Bitcoin Nears Breakout, According to Crypto Trader Michael van de Poppe; Updates View on Ethereum and Bittensor
💥 Michaël van de Poppe's June 12, 2025, Outlook on Bitcoin, Ethereum, and TAO 💥
Hey there, crypto fam! Listen up as analyst Michaël van de Poppe spills the tea on Bitcoin, Ethereum, and TAO!
Bitcoin (BTC) is currently experiencing consolidation after breaking out from the $106,500 price level. According to van de Poppe, the first consolidation phase should last for a couple of days before we witness a big breakout above the all-time high – ideal time to scoop up some BTC! He recommends buying around the $107,000 - $108,000 mark. Bulls, are you ready for the buy-the-dip season? 📈💰
Next up, Ethereum (ETH). It's building up steam for a significant breakout following a consolidation phase lasting over a month. Van de Poppe anticipates a surge of around 26% from the current level. Just last warning for ETH bears – it's shaping up to reach $3,400 - $3,500 if it manages to break the resistance at $2,800. HODLers, get ready to reap those gains!
Cryptocurrency finance is buzzing with anticipation as analyst Michaël van de Poppe predicts altcoins like TAO could experience a major surge following Ethereum's anticipated breakout, potentially reaching impressive heights. The blockchain technology beneath these digital assets is projected to continue its transformative impact on the global financial landscape.