From Investing.com:

Top crypto analyst Michael van de Poppe predicts that the approval of exchange-traded funds (ETFs) could significantly boost the price of Bitcoin (BTC). He believes that new cash flows from fresh participants will cause Bitcoin to soar much higher in the current cycle. Lark Davis, a prominent crypto YouTuber, encourages followers not to fear the current Bitcoin plunge, as major players are taking advantage of the dip.

Van de Poppe also sees three key reasons for future momentum in Ethereum. He believes that the bottoming out of Bitcoin is a trigger for altcoins to start a new bull run. Additionally, hype about spot Ethereum ETFs is expected to grow stronger, and upcoming upgrades could reduce transactional costs by 90%. This news was originally published on U.Today.



Read more: Bitcoin (BTC) ETF Major New Impact Predicted by Top Crypto Analyst By U.Today