Analyst Michaël van de Poppe Says One Top-50 Altcoin Primed To Rally 70%, Outlines Path Forward for Bitcoin
A closely followed crypto analyst says that one top-50 altcoin by market cap is primed for an explosive breakout. Crypto trader Michaël van de Poppe tells his 745,200 followers on the social media platform X that the native token of the Bitcoin (BTC) layer-2 project Stacks (STX) could increase 70% from its current value as the coin challenges a key resistance level. “The Bitcoin ecosystem fires up. STX attacks the recent high, and is likely breaking through this resistance zone. Next stop? I think a new all-time high.” Source: Michaël van de Poppe/X STX is trading for $2.29 at time of writing, up nearly 20% in the last seven days. STX reached an all-time high of $3.86 in April. Next up, the analyst predicts that Bitcoin will hit six figures for the first time in its history if it can break through the $98,000 resistance level on the four-hour chart. “Bitcoin should break $98,000, and then we’ll see $100,000 with 100% certainty as it brea...