tl;dr
Cryptocurrency analyst Michaël van de Poppe predicts a potential triple-digit percentage increase for Bittensor's native token, expecting it to reach a new all-time high with a rally of over 125%. He also anticipates positive developments for Bitcoin, projecting a rise to $100,000 or higher within o...
Bittensor's native token (TAO) is predicted to rally by over 125% to reach a new all-time high, driven by a strong AI and crypto narrative. This projection comes from cryptocurrency analyst Michaël van de Poppe, who also foresees Bitcoin (BTC) surging to $100,000 or higher within the next one to two weeks, signaling positive times for BTC and altcoins. Additionally, Van de Poppe suggests that Ethereum (ETH) is likely to break upwards against its Bitcoin pair, potentially igniting a bullish trend for altcoins. Ethereum is currently trading at 0.02808 BTC ($2,730).
Van de Poppe is particularly bullish on Bittensor's native token, highlighting its potential for a triple-digit percentage increase and its strong support at around $340, with crucial resistance at around $500. Bittensor is presently trading at $445, down by approximately 40% from its all-time high of about $758. Van de Poppe indicates positive times ahead for Bitcoin, projecting a rise to $100,000 or higher in the near future, with BTC trading at $97,012 at the time of writing. Furthermore, he expects Ethereum to rise against its Bitcoin pair, potentially fueling a bullish trend for altcoins. According to Van de Poppe, Ethereum's upward breakout above 0.0285 BTC could be a significant catalyst for altcoins. He emphasizes that this is an opportune time to accumulate altcoins, expressing confidence in an upcoming bullish market. Ethereum is currently trading at 0.02808 BTC ($2,730).