COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Analyst: Bitcoin and XRP Analysis and Predictions
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Analyst: Bitcoin and XRP Analysis and Predictions
Altcoin News

Analyst: Bitcoin and XRP Analysis and Predictions

In Brief

  • Experienced cryptocurrency analyst Michael van de Poppe believes that the largest cryptocurrency, Bitcoin, is trading just below an important level that indicates the start of a bull run. The analyst also highlighted XRP, which he expects to make a significant upward move in the medium to long term, and advised buying it when it reaches […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

Experienced cryptocurrency analyst Michael van de Poppe believes that the largest cryptocurrency, Bitcoin, is trading just below an important level that indicates the start of a bull run. The analyst also highlighted XRP, which he expects to make a significant upward move in the medium to long term, and advised buying it when it reaches the expected entry point.

Contents
Analyst’s Bitcoin and XRP AnalysisThe “Boring” Cycle of the Cryptocurrency Market

Analyst’s Bitcoin and XRP Analysis

Well-known cryptocurrency analyst Van de Poppe states that Bitcoin needs to surpass the $29,800 level in order to start a rally, saying, “The lower range still serves as support for Bitcoin.” He expects a significant price increase if Bitcoin surpasses the mentioned level.

BTC is currently trading at $29,393. The largest cryptocurrency by market value has increased by 0.16% in the past 24 hours and 1.33% in the past week.

Following Bitcoin, Van de Poppe looks at Ripple’s XRP and says, “I expect the entry point for XRP to come. I believe it will perform well and should be in your portfolio in the near future.”

The “Boring” Cycle of the Cryptocurrency Market

Analyzing the overall cryptocurrency market, Van de Poppe reiterated his call for a bull cycle. The experienced analyst shared a long article titled “Investor Perspectives on the Cryptocurrency Market,” saying, “Read this when the bull cycle approaches,” and stated the following:

“I see many people claiming that Bitcoin will drop to $12,000 and altcoins will hit new lows. I don’t think we will experience that, and in this article, I will explain why. Ultimately, we are in the second stage of capitulation, which means it’s time. This stage is when you feel like there is no movement in the markets and you turn to other markets instead of the cryptocurrency market.”

Looking at the “Psychology of a Market Cycle” table shared by the analyst, it is noticeable that the next cycle after the cryptocurrency market exits the depression phase is the phase of disbelief.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

The Fed Embraces New Messaging Standard to Boost Payment Efficiency

Altcoins Skyrocket: PENGU, HBAR, and XLM Catch Attention

Arthur Hayes Captivates Crypto World with Bold Ethena Investment

Altcoins Surge Captures Enthusiasts as Cryptocurrency Market Glows Green

Watch GMX Coin Skyrocket with the Latest Turnaround Announcement

COINTURK NEWS 12 August, 2023 - 8:44 am 12 August, 2023 - 8:44 am
Share This Article
Facebook Twitter
Share
Previous Article Gemini Exchange Faces SEC Scrutiny After XRP Relisting
Next Article Ethereum (ETH) Victim Recovers Stolen Funds After Blacklisting Hacker’s Tether (USDT) Address
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Vanguard Surprises with Its Cryptocurrency Exposure Strategy
Cryptocurrency News
Bitcoin Captures Wall Street’s Attention and Sparks Financial Curiosity
Bitcoin (BTC)
Cryptocurrency Market Faces Short-Term Oscillations
Cryptocurrency News
Bitcoin Climbs Beyond $120,000 as Congress Tackles Three Cryptocurrency Bills
Cryptocurrency Law
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?