{"id":116319,"date":"2023-06-30T21:24:05","date_gmt":"2023-06-30T21:24:05","guid":{"rendered":"https:\/\/dripp.zone\/news\/crypto-analyst-breaks-down-bitcoin-btc-fantom-ftm-litecoin-ltc-and-the-altcoin-markets-crypto-news\/"},"modified":"2023-06-30T21:24:07","modified_gmt":"2023-06-30T21:24:07","slug":"crypto-analyst-breaks-down-bitcoin-btc-fantom-ftm-litecoin-ltc-and-the-altcoin-markets-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-analyst-breaks-down-bitcoin-btc-fantom-ftm-litecoin-ltc-and-the-altcoin-markets-crypto-news\/","title":{"rendered":"Crypto Analyst Breaks Down Bitcoin (BTC), Fantom (FTM), Litecoin (LTC) and the Altcoin Markets\n – Crypto News"},"content":{"rendered":"

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A widely followed crypto analyst is breaking down Bitcoin (BTC<\/a>) and altcoins after a week of sideways price action for crypto.<\/p>\n

Crypto trader Micha\u00ebl van de Poppe tells<\/a> his 659,500 Twitter followers that BTC is now moving into a “potential scenario for a long trigger.”<\/p>\n

\u201cWell, we got the sweep for Bitcoin.\u201d<\/em><\/p>\n

Source: Micha\u00ebl van de Poppe\/Twitter<\/figcaption><\/figure>\n

BTC is worth $30,038 at the time of writing, down 1.6% in the last 24 hours and down 0.6% in the last seven days.<\/p>\n

Looking at the Ethereum (eth<\/a>) competitor and smart contract platform Fantom (ftm<\/a>Van de Poppe says<\/a> FTM is ready to move upwards.<\/p>\n

\u201cThis one looks primed for continuation upwards.<\/em><\/p>\n

Many stops on shorts ready to be taken, through which holding above $0.30 can lead to a continuation towards $0.40.\u201d<\/em><\/p>\n

\"\"
Source: Micha\u00ebl van de Poppe\/Twitter<\/figcaption><\/figure>\n

FTM is trading for $0.293 at the time of writing, down 2.5% in the last 24 hours.<\/p>\n

Van de Poppe also takes a peek<\/a> at LitecoinLTC<\/a>), which he says may be ready for a 2x gain similar to Bitcoin Cash’s (BTC<\/a>) recent gains as LTC approaches its highly-anticipated halving.<\/p>\n

\u201cMessy chart, but Litecoin looks ready for the pre-halving rally and follow BCH in a potential 2x. <\/em><\/p>\n

Been mentioning it a few times, but it looks really good.”<\/em><\/p>\n

\"\"
Source: Micha\u00ebl van de Poppe\/Twitter<\/figcaption><\/figure>\n

LTC is worth $96.94 at the time of writing, up 14% in the last 24 hours.<\/p>\n

Despite altcoins generally being down right now, Van de Poppe assured<\/a> his followers that the next 3-5 years for crypto will be huge.<\/p>\n

\u201cThe thing is that people literally never believe in an asset, when it’s down as much as Altcoins are right now.<\/em><\/p>\n

If you look at the entire landscape of Crypto, the coming 3-5 years are going to be massive. <\/em><\/p>\n

Acceleration of adoption.<\/em><\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/Ormalternative<\/em><\/span><\/p>\n<\/p><\/div>\n