As Bitcoin (BTC) Reaches for New Heights, the Altcoin Bull Market Is Just Getting Started, Says Crypto Analyst
A closely followed crypto analyst believes the altcoin bull market is only just getting started as Bitcoin (BTC) may soon print new all-time highs. In a new strategy session, crypto trader Michaël van de Poppe tells his 751,300 followers on the social media platform X that Bitcoin may next reach $106,000 for the first time in its history within days if it can hold $97,844 as support. “The crucial level is still defined on BTC. If the markets stay above that area, it’s likely that we’ll see new all-time highs in the coming days.” Source: Michaël van de Poppe/X Bitcoin is trading for $101,875 at time of writing, down 2% from its all-time high of about $103,700. Next up, the analyst says that the crypto market remains strong and he is staying bullish on altcoins like layer-1 (L1) protocol Near (NEAR). “Upwards and onwards we go. The markets look great. NEAR has seen a casual correction and is likely continuing the uptrend from here....