Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) near critical buying levels, according to renowned analyst Michael van de Poppe

Van de Poppe has identified that Bitcoin and Ethereum are approaching levels where purchasing on dips could prove beneficial.

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are nearing levels where buying on dips could be a good strategy, according to renowned crypto analyst Michael van de Poppe.

What Happened: Van de Poppe has noticed that Bitcoin and Ethereum are approaching the points where buying the dips could be a smart move.

Don’t sleep on these opportunities:

Bill O'Reilly and Rudy Giuliani are using this platform to help protect their savings from inflation and the turbulent economy. Gold has increased in value by about 83% over the last five years.

See Also: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today.

The cryptocurrency market has seen ups and downs, with recent events adding to the complexity of the trading scene. Earlier this week, Federal Reserve Chair Jerome Powell’s comments dashed hopes of rate cuts, causing Bitcoin to dip below $88,000 after initially crossing $91,000. Ethereum also saw a drop from $3,240 to $3,040.

Cathie Wood of Ark Invest has projected that Bitcoin’s price could reach up to $1.5 million by 2030, thanks to regulatory relief and growing interest from institutions.

Arthur Hayes has suggested that policies under President-elect Donald Trump may weaken the dollar, boosting Bitcoin’s value.

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