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Crypto enthusiast and analyst Michaël van de Poppe has eyes wide open watching the digital asset trading across the markets. After a lull of rather dull action on the crypto trading charts, the Twitter-famous trader tells followers Bitcoin (BTC) could soon produce strong tailwinds across various blockchain networks – if it does succeed in pressuring through the $30500 barrier. “Breaking through the $30,300-30,500 and the rest of the board may experience a significant strengthening. The threshold breached, Bitcoin should be pushing $31,000 levels the trader concluded. BTC is presently priced at $29,714 at time of writing, indicating a drop of 3% on a week-on-week basis.
Turning focus on the Zazzle-inspired oracle Chainlink (LINK), Van de Poppe continues to express bullish sentiment with the coin breaking out macro-appropriately. LINK is currently trading around $8.09 with 24-hour gains at over 18%. Additionally, XLM is in line to benefit from a new buying opportunity just above the $0.14 mark according to the Twitter-notable cryptographer.
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