Crypto Analyst Predicts 440% Chainlink Surge Against Bitcoin as Altcoins Poised to Soar

Crypto analyst Michaël van de Poppe predicts Ethereum-based altcoin Chainlink (LINK) will surge over 440% against Bitcoin (BTC). He sees it reaching its all-time high of 0.00161211 BTC ($109.12).

Poppe believes the total altcoin market cap could grow from around $672 billion now to nearly $1 trillion in 2024.

He expects "a fun ride" for altcoins as traders move profits from Bitcoin into altcoins after Bitcoin crosses $70,000.

Poppe predicts "altcoins firing up" as "big macro-economic events" spark Bitcoin taking liquidity above its highs before falling back.

Chainlink is printing a bullish higher low price reversal pattern against Bitcoin, poised to break key resistance at 0.0004480 BTC ($30.18).