A popular cryptocurrency analyst, Michaël van de Poppe, is predicting a bright future for Sui (SUI), a Solana competitor, and Bitcoin (BTC).
Sui’s Bullish Outlook
Van de Poppe believes Sui is poised for a significant price increase. He told his large social media following that Sui has broken through a key resistance level, signaling a bullish trend. He predicts Sui could surge by at least 74% in the coming months, potentially reaching a new all-time high. Currently trading around $3.08 (down from its all-time high of $5.35), Van de Poppe’s analysis suggests a short-term price fluctuation before the predicted upward movement.
Bitcoin’s Short-Term Correction
Turning to Bitcoin, Van de Poppe anticipates a short-term correction. Following a recent 27% rally, he sees a crucial resistance level around $26,000. He suggests this pullback would be a good buying opportunity for investors before Bitcoin continues its climb towards a new all-time high. Bitcoin is currently trading at approximately $92,853.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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