Michaël van de Poppe @Michaeld__Pope
CIO & Founder @MNFund_and @MNCapital_vc | Host of @new_era_finance | Macro-Economics, Value Based Investing & Trading | Crypto & Bitcoin Enthusiast youtube.com/@cryptomichnl Amsterdam, The Netherlands Joined May 2011-
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Markets nicely consolidating after a slight wick downwards yesterday on #Bitcoin. Thesis remains unchanged on it, I think we'll test lower before we'll continue higher.
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It wouldn't be bad if we see a liquidity swipe on the long side. It's been running vertically and $ETH has been continuing to climb in a massively fast manner. Quick correction and then constant grind towards new ATHs.
I don't like this daily candle on #Bitcoin. It has taken all the liquidity on the highs and immediately inversed towards the range high resistance. Quite ugly daily candle. Wouldn't be surprised if we'll test $116.8K before continuing.
$LINK looks quite easy here. I think that there's a lot of upside to be made with the token, given the recent updates and that it's undervalued. In that sense, any dip in the $18-20 area is a great opportunity to be stepping in before it goes to $30+.
The #Altcoin market capitalization did another S/R flip. Consolidation before a new run through the highs. Next target? I would assume $1.5T.
In our new episode of @NewEraFinance.podcast, we talk about the $ETH ETF, other ETFs, and why the #Ethereum ETF is a massive shift for the entire #Crypto industry, together with James Seyffart Watch the new episode now on the @NewEraFinance.podcast YouTube channel!
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