The cryptocurrency analyst calls Bitcoin and Ethereum as assets that will provide a significant return on investment (ROI) in the years to come.
Analyst’s expectation of cryptocurrencies
Michaël van de Poppe tells his 649,300 Twitter followers that the two top cryptocurrencies by market capitalization are “assets to look for” in a portfolio for great return on investment. “I would strongly argue that Bitcoin and Ethereum are assets to look for if you want to generate a significant return on investment in your portfolio in the coming years,” he said. said.
Van de Poppe, who smashed BTC in particular, says that BTC is on its way to $30,000. According to cryptokoin.com data, BTC is worth $23,897 at the time of writing. Looking at ETH, which is worth $1,652 at the time of writing, the analyst says that ETH’s current price zone is a solid area for long-term trading.
Van de Poppe is also looking at the popular ETH-based blockchain oracle Chainlink (LINK). Van de Poppe says LINK’s trading at $7.90, up nearly 9% in the last 24 hours, is a great sign for the markets. The analyst also argues that LINK could rise to $10, an increase of about 27% from current levels. Finally, he added the following:
“I would expect Chainlink to rise towards $10.
Then it comes out of the 10-month accumulation period.”
A big response is expected
An investor who correctly sees the bottom of the current crypto bear market thinks that cryptocurrencies are not ready to form all-time highs. Chris Burniske, partner at venture capital firm Placeholder, told his 254,400 Twitter followers this year that he thinks the crypto market will be “a little less volatile” in 2019.
At the beginning of 2019, Bitcoin (BTC) was just emerging from the lows of the 2018 bear market, rising from around $3,800 at the beginning of the year to roughly $13,000 at the end of June and slowly falling to $7,200 at the end of the year.
Earlier this month, Burniske said that Ethereum (ETH) is bullish on both the US dollar and the Bitcoin pair (ETH/BTC). He predicted a breakout for ETH against BTC after Ethereum’s Shanghai upgrade aimed at allowing ETH stakers to buy back their holdings. The Shanghai update is expected to launch next month.
In an interview last month, Burniske also said that smart contract platform Solana (SOL) could be the next “Ethereum-level” opportunity. He also said he’s betting on the decentralized interoperable ecosystem Cosmos (ATOM).
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