Cryptocurrency enthusiasts are closely watching as both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) near critical buying levels, according to renowned analyst Michael van de Poppe.
What Happened: Van de Poppe has identified that Bitcoin and Ethereum are approaching levels where purchasing on dips could prove beneficial.
Van de Poppe stressed the significance of “dip buying” for Bitcoin, which is currently trading at $89,250. He pointed out that Bitcoin is nearing its first major point of interest for traders.
Meanwhile, Ethereum, priced at $3,040, is also nearing an optimal entry point.
Dip buying, that’s what we want with #Bitcoin.Getting close to the first point of interest, and, in the meantime, $ETH is getting close towards an optimal entry as well. pic.twitter.com/H5jEp4QHZA
— Michaël van de Poppe (@CryptoMichNL) November 15, 2024
Full story available on Benzinga.com
