Posted 1/19/2024, 3:30:27 PM
Trader Predicts 55% Optimism (OP) Price Surge Despite Bitcoin Struggles Around $40k
- Polygon rival Optimism (OP) likely to surge over 55% from $3.22 according to trader Michaël van de Poppe
- Sees OP dipping below $3 then bouncing to $5 level based on technical analysis
- Bitcoin could retest support around $38k after failing to rally past $46k
- Range between $38k and $48k being defined; prepare to buy the dip
- Trader warns market sentiment often wrong; cites BTC at $15k and reaction to ETF approval