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Crypto: Crypto Markets Near End of Downtrend, Seeing Bitcoin Bounce

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Popular digital asset analyst Michaël van de Poppe thinks traders have massive opportunities everywhere during this crypto market downturn” — Paul Ebeling

Mr. Van de Poppe tells his 595,600 Twitter followers that Bitcoin could already be nearing the end of its Bearish slump.

The more I’m starting to see targets like $8,000 or $12,000 for Bitcoin, the more convinced I am we’re getting into the end stages of this downwards run. It’s actually capitulation already.”

Bitcoin is trading for $27,112.25 at time of writing.

Mr. Van de Poppe thinks altcoins may be in a bear market for a yr. Still, he says big opportunities exist for traders.

“People don’t want to see that it’s a tremendous opportunity at this point. No, people are busy shouting that we’re going down even more and people are convinced we will. Maybe, we can. Definitely. But the upside is f@#%$!& crazy. I’d almost sell a kidney with those prices.”

The analyst argues that one of those opportunities is the decentralized oracle network Chainlink (LINK).

And yes there are Massive opportunities everywhere, join us at KnightsbridgeDAO.

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Have a prosperous day, Keep the Faith!

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Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.