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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-bitcoin-and-ethereum-price-surges/" data-wpel-link="internal">Analyst Predicts Bitcoin and Ethereum Price Surges</a> 
Cryptocurrency analyst and strategist Michael van de Poppe believes Bitcoin (BTC) could reach a new record high. Van de Poppe stated that if Bitcoin surpasses its critical resistance level, a new record could be achieved. 
<h2 style="text-align: justify" id="strong-new-record-expectation-for-bitcoin-strong">New Record Expectation for Bitcoin</h2> 
Van de Poppe told his followers on social media platform X that if Bitcoin makes a 2.25% jump from its current value, a new ATH could be seen at the beginning of September. According to the analyst, breaking the $62,000 resistance level will remove the obstacles in front of Bitcoin and allow it to reach new peaks. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-382681" src="https://coin-turk.com/wp-content/uploads/2024/08/BTC-Bitcoin.png" alt="" width="1617" height="852"> 
In his assessment, the analyst said, “It feels great to see the markets moving upwards. Bitcoin has jumped up and approached its last resistance at $62,000. If this level is broken, a new ATH can be seen within September. I think <a href="https://newslinker.co/how-does-artificial-intelligence-work/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> related to spot ETFs will also contribute positively during this process. If Bitcoin breaks $62,000, it could reach a new record level in less than two weeks.” 
<h2 style="text-align: justify" id="strong-ethereum-could-ignite-a-rise-in-altcoins-strong">“Ethereum Could Ignite a Rise in Altcoins”</h2> 
Van de Poppe also noted that if <a href="https://en.coin-turk.com/ethereums-price-surge-whats-driving-it/" data-wpel-link="internal">Ethereum</a> (ETH) turns a key resistance level into support, it could signal an upward trend for the altcoin <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a>. The analyst emphasized that the critical resistance level for Ethereum is $2,700 and that surpassing this level could trigger a significant rise in altcoins. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-382682" src="https://coin-turk.com/wp-content/uploads/2024/08/ETH-7.png" alt="" width="2257" height="1220"> 
The analyst said, “Ethereum looks great but needs to continue its upward movement. The critical level to break is $2,700. There is a gap between $2,700 and $3,100, and filling this gap could trigger a significant rise in altcoins.” 
Van de Poppe stated that as long as Ethereum maintains its $2,500 support, the upward trend will continue, saying, “ETH only needs to stay above $2,500. If this happens and momentum returns with spot ETFs, the next target will be $3,150. It will just feel great to return in an upward mode.” 
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Analyst Predicts Bitcoin and Ethereum Price Surges

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