Analyst and trader Micha\u00ebl van de Poppe is highlighting one crypto asset that could go up by triple-digit percentage points while updating his outlook on Bitcoin (BTC<\/a>) and Ethereum (ETH<\/a>).<\/p>\n Van de Poppe tells<\/a> his 775,600 followers on the social media platform X that the native token of the decentralized machine-learning network Bittensor (TAO<\/a>) is \u201cdoing great\u201d and is primed to rally by over 125% to a new all-time high.<\/p>\n \u201cGood to be in profit on this position and I think that the crypto & artificial intelligence (AI) narrative will push this one past $1,000.\u201d<\/em><\/p>\n Based on Van de Poppe\u2019s chart, it appears he\u2019s suggesting that Bittensor has confirmed strong support at around $340 and faces crucial resistance at around $500.<\/p>\n Bittensor is trading at $445 at time of writing, down by around 40% from the all-time high price of about $758.<\/p>\n Next up is Bitcoin. Van de Poppe says<\/a> \u201cgood times are ahead\u201d for BTC and altcoins and that Bitcoin is primed to rise to $100,000 or higher \u201cprobably within one to two weeks.\u201d<\/p>\n Bitcoin is trading at $97,012 at time of writing.<\/p>\n Turning to Ethereum, Van de Poppe says<\/a> that the second-largest crypto asset by market cap is on the cusp of rising against its Bitcoin pair. According to the analyst, an Ethereum rally could be bullish for altcoins.<\/p>\n \u201cI think that ETH is about to break upwards above 0.0285 BTC.<\/em><\/p>\n The fact that altcoins provide double-digit momentum today is a great sign, imagine if Ethereum starts trending.<\/em><\/p>\n It\u2019s still a great time to accumulate the altcoins, and I think that we\u2019re in for a great bull.\u201d<\/em><\/p>\n Ethereum is trading at 0.02808 BTC ($2,730) at time of writing.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n
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<\/center><\/p>\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n
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