Michaël van de Poppe, a well-known cryptocurrency trader and analyst, has expressed bullish sentiment on Chainlink, a leading blockchain oracle, while outlining the potential path forward for Bitcoin and Ethereum. Van de Poppe believes that the price action of Chainlink, when paired against Bitcoin, is currently mimicking a pattern that previously led to a triple-digit percentage points rally. He expects a similar price pattern to occur, resulting in a 150% rally in the year’s second half. Chainlink is currently trading at 0.0002254 BTC ($14.34).

Regarding Bitcoin, Van de Poppe predicts that it will potentially bottom out at around the $63,000 – $65,000 level before turning upwards. He believes that the reversal is on the horizon. Bitcoin is currently trading at $63,580.

As for Ethereum, Van de Poppe notes that it is “showing some resilience” when paired against Bitcoin, even as the crypto markets continue their downward fall. He says that as long as the ETH/BTC support level at around 0.05 BTC holds, Ethereum will be “fine” and on course for a bullish reversal. Ethereum is currently trading at 0.0546 BTC ($3,469).

Van de Poppe is excited about the future of crypto, stating that many great technological advancements and breakthroughs are popping up for this cycle, through which he expects to see big mass adoption start occurring soon. He advises investors to do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets.