Cryptocurrency Analyst Michaël van de Poppe is Leaning Bullish on One Top-50 Altcoin, Here's His Insight on Bitcoin and Ethereum

Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).

Cryptocurrency trader Michaël van de Poppe is bullish on one top-50 altcoin by market capitalization, and he also shared his thoughts on Bitcoin (BTC) and Ethereum (ETH).

Starting with Stacks (STX), Van de Poppe is telling his 738,800 followers on the social media platform X that the native token of the Bitcoin layer-2 project is poised to rally by roughly 109% from its current price after consolidating for over six months.

The markets are waking up, meaning you should be scanning for projects ready for a breakout.

One is STX, which has been consolidating for 200+ days. They have successfully completed the Nakamoto upgrade [a hard fork that was designed to, among others, improve the transaction speed]!

Break above $2.20 and then it should run to a new all-time high.

STX is trading at $1.85 at the time of writing, still down about 52% from its all-time high of $3.86, which was reached in early April.

Now turning to Bitcoin, the crypto king could rally to between $100,000 to $120,000 over the “coming one to two months.”

After that, the start of the altcoin season just like 2017 has been.

Bitcoin is trading at $93,700 at the time of writing.

Next up is the ETH/BTC pair, which according to Van de Poppe is likely to bottom out next month after failing to rally past a key resistance level and if it continues falling further.

ETH couldn’t flip the area at 0.036 BTC and continues to fall.

We’re waiting for support to be found. If this downtrend continues, then we’re likely seeing 0.03 BTC in December and reverse from there.

Ethereum is trading at 0.03302 BTC ($3,094) at the time of writing.