Cryptocurrency Trader Predicts Impending Record Peak for Bitcoin, Foresees Potential 223% Surge in Prominent Altcoin

Below is the rewritten content, maintaining the HTML structure and tags:

<div>
    <p>A popular cryptocurrency expert has indicated that Bitcoin (<a target="_blank" href="https://dailyhodl.com/currencies/bitcoin/" rel="noopener" target="_blank">BTC</a>) might soon escape its current price level, even though its value slipped to the $65,000 territory this past Wednesday.</p>
    <p>Much-followed crypto strategist Michaël van de Poppe<a target="_blank" href="https://x.com/CryptoMichNL/status/1849353119425069322" rel="noopener" target="_blank"> has advised</a> his audience of 732,700 on platform X that Bitcoin's recent price decline could be concluding, with potential sights set on revisiting its peak of approximately $74,000 in the coming weeks.</p>

    <p><em>“And there it is, the awaited dip in Bitcoin’s price. My belief is that we've seen the end of the correction with today’s kick-off of the macroeconomic season via PMI data. The retest of the all-time high could possibly happen within the next two to four weeks."</em></p>
    <figure style="width: 1200px" class="wp-caption alignnone"><img decoding="async" src="https://pbs.twimg.com/media/Gao426aWcAAUUFC?format=png&name=medium" alt="Image" width="1200" height="635"/><figcaption class="wp-caption-text">Source: Michaël van de Poppe/X</figcaption></figure>
    <p>At the time of this report, Bitcoin's trading value stands at $67,802, marking a 2.5% increase in the past day.</p>
    <p>Additionally, the analyst now holds a positive outlook on the Ethereum (<a target="_blank" href="https://dailyhodl.com/currencies/ethereum/" rel="noopener" target="_blank">ETH</a>) rival known as NEAR Protocol (<a target="_blank" href="https://dailyhodl.com/currencies/near/" rel="noopener" target="_blank">NEAR</a>), hinting that the asset could witness a surge up to 223%.</p>
    <p><em>“The markets appear to be setting up for another significant upward movement. NEAR exemplifies this with its slow upward crawl, having retested its prior consolidation area. A rise to the $10-$15 range is the upcoming target in this rally."</em></p>
    <figure style="width: 1200px" class="wp-caption alignnone"><img decoding="async" src="https://pbs.twimg.com/media/Gao6BF3WcAAVI5N?format=png&name=medium" alt="Image" width="1200" height="635"/><figcaption class="wp-caption-text">Source: Michaël van de Poppe/X</figcaption></figure>
    <p>NEAR's current trading price is $4.64, showing a 2.1% uptick since yesterday.</p>
    <p>To conclude, the cryptocurrency expert<a target="_blank" href="https://x.com/CryptoMichNL/status/1849058189469262188" rel="noopener" target="_blank"> mentions</a> that ETH may experience a notable increase against Bitcoin (ETH/BTC) if we begin to see a downward trend in the US dollar index (DXY), which compares USD against other prominent global currencies.</p>
    <p><em>“The decisive factor will be a turnaround in both the DXY and bond yields. Should we witness this, I anticipate a swift uptick in demand within the ETH ecosystem. Surpassing the 0.04 BTC mark would be a solid confirmation."</em></p>
    <figure style="width: 1200px" class="wp-caption alignnone"><img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GajtnoPWMAAeKk0?format=png&name=medium" alt="Image" width="1200" height="635"/><figcaption class="wp-caption-text">Source: Michaël van de Poppe/X</figcaption></figure>
    <p>The current exchange rate for ETH/BTC is 0.03731 BTC (equivalent to $2,527), which has fallen by 2.66% within the last day.</p>
    <em><span style="font-size: 13pt;">Stay informed – <a target="_blank" href="https://dailyhodl.com/join-the-daily-hodl-email-list/" target="_blank" rel="noopener">Subscribe</a> to receive email notifications straight to your inbox.</span></em>
    <br/>
    <em><span style="font-size: 13pt;">Examine <a target="_blank" href="https://dailyhodl.com/crypto-markets/" target="_blank" rel="noopener">Price Dynamics</a></span></em>
    <br/>
    <em><span style="font-size: 13pt;">Connect with us on <a target="_blank" href="https://twitter.com/TheDailyHodl" target="_blank" rel="noopener">X</a>, <a target="_blank" href="https://www.facebook.com/thedailyhodl/" target="_blank" rel="noopener">Facebook</a>, and <a target="_blank" href="https://t.me/thedailyhodl" target="_blank" rel="noopener">Telegram</a></span></em>
    <br/>
    <em><span style="font-size: 13pt;">Explore <a target="_blank" href="https://dailyhodl.com/daily-hodl-mix">The Daily Hodl Mix</a></span></em>
    <br/>
    <div class="hideinamp">
    &nbsp;
    <center><img loading="lazy" decoding="async" class="" src="https://dailyhodl.com/wp-content/uploads/2018/06/Get-Alerts-728x90.png" width="800" height="99"/></center>
    <h6>Disclaimer: The views expressed in The Daily Hodl do not constitute investment advice. Before engaging in high-risk investments in Bitcoin, cryptocurrencies, or digital assets, investors should perform their own due diligence. Note that your own transfers and trades are at your own peril, with any losses you incur being your responsibility. The Daily Hodl is not an investment advisor and does not endorse the purchase or sale of any cryptocurrencies or digital assets. The Daily Hodl is also involved in affiliate marketing.</h6>
    </div>
    <p><span style="font-size: 10pt;"><em>Featured Image: Shutterstock/Tithi Luadthong</em></span></p>
</div>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

Please be aware that the hyperlinks and platform mentioned (platform X), as well as specific price values and percentage changes, are fictional and should be updated with the accurate data at the time of use. Any images included in the original text must also be properly licensed for use.

Source link

#Crypto #Trader #BTC #AllTime #High #Incoming #Suggests #LargeCap #Altcoin #Explode