Crypto Strategist Michaël van de Poppe Identifies Top 5 Altcoin Picks for 2024
Crypto strategist and trader Michaël van de Poppe shares his top five altcoin picks for 2024. In a recent strategy video, Van de Poppe reveals that his first choice is Ethereum (ETH), predicting that money will flow from Bitcoin to ETH following BTC’s recent rally. He believes ETH will rally to surpass $3,400 this year and suggests that the ETH/BTC pair has bottomed out at around 0.0491 BTC.
Van de Poppe also highlights Arbitrum (ARB) and Optimism (OP) as promising layer-2 scaling solutions. He predicts that ARB/BTC will rise to 0.0000647 BTC and expects OP to correct before bouncing beyond $4.50.
The trader’s fourth pick is Chainlink (LINK), noting its strength against Bitcoin and watching for a breakout above a key resistance level. Lastly, he mentions Sui (SUI) as a potential strong performer comparable to Fantom, Avalanche, and Polygon in 2021.
Hot Take: Van de Poppe’s Bullish Outlook on Altcoins for 2024
Crypto strategist Michaël van de Poppe identifies Ethereum, Chainlink, Arbitrum, Optimism, and Sui as his top five altcoin picks for the year. He anticipates money flowing from Bitcoin to Ethereum after BTC’s recent rally and projects ETH to exceed $3,400. Van de Poppe also highlights the bullish patterns of Arbitrum, Optimism, and Chainlink against Bitcoin, expecting significant price increases for these assets. Additionally, he believes Sui has the potential to perform strongly like other successful altcoins in previous years. Van de Poppe’s optimistic outlook suggests that these altcoins could be worth watching and potentially investing in throughout 2024.
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