Bitcoin (BTC), which has withdrawn with the news that the FED minutes will be announced, has fallen by 1.8% in the last 24 hours and is at $ 23,591.
While the decline in Bitcoin (BTC) is also reflected in the market, it is seen that there are retreats in altcoins. In this context, one of the well-known analysts of the crypto money market, Michael Van de Poppe, evaluated how Bitcoin (BTC), Binance Coin (BNB) and Chainlink (LINK) will move.
Commenting on the leading cryptocurrency Bitcoin (BTC), Michael Van de Poppe said that Bitcoin (BTC) is still above the support level.
"Bitcoin is still above the support level. What's important for BTC? FED minutes tonight will decide whether it's a dove or a hawk and we'll see if the trend continues. I don't think the FED minutes will have a big impact."
Referring to Binance Coin (BNB) in his analysis, Poppe said that BNB has caught a strong uptrend, but he expects a small pullback soon.
“Nothing about BNB has changed. I believe $310 could be the lowest in this correction. However, if $310 breaks, I think $295 will be good for potential long-term entries. We will also see if $295 support continues. I don't think we will test it and that's it. And in that context, I'm assuming the next target is $375."
Evaluating Chainlink (LINK) as well, Poppe said that Chainlink (LINK)'s upside target of $12 is still valid. The famous analyst added that Chainlink (LINK) expects a shallow pullback before reaching the $12 target.
"I expect $8 to remain as support. If $8 remains as support, the trend should be up and $12 should be the next target."