Popular crypto analyst Micha\u00ebl van de Poppe is outlining key support levels for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Polkadot (DOT).<\/span><\/p>\n

In a new video, van de Poppe says that at this point, $36,000 is an acceptable level for Bitcoin to drop to \u2013 but the price for the top crypto should not dip far below that level.<\/span><\/p>\n

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\u201cThis entire level between [$35 thousand] to [$36.5 thousand] is where I\u2019m looking at. Right now we probably are going to have some sort of relief bounce to [$39 thousand] before we most likely are going to continue downwards at this stage.<\/span><\/em><\/p>\n

Anything of bullishness that I\u2019m looking at is either a flip of [$39.3 thousand] that\u2019s going to trigger continuation to [$40.8 thousand], but if we really want to start pushing to the upside, [$40.8 thousand] is the level that you should be looking at.\u201d<\/span><\/em><\/p>\n

As for Ethereum, van de Poppe says he is looking at two price levels at which to buy the second-largest crypto by market cap.<\/span><\/p>\n

\u201cOne is around [$2,300], the second one is around [$2,150], which is similar to Bitcoin going to [$36 thousand]. On the upside, we just lost support, so if we crack and flip [$2,530], that would generate bullish continuation and we probably test the highs again and we also have [$2,600] as a potential breaker here so I\u2019m looking at a slight bounce.\u201d\u00a0<\/span><\/em><\/p>\n

Van de Poppe says that investors can look at how Ethereum performs against Bitcoin to assess the profitability of altcoins such as Polkadot.\u00a0<\/span><\/p>\n

\u201cWhere Bitcoin is making a new lower low, Ethereum against Bitcoin is making a new higher high in this trend through which you\u2019re going to seek for <\/span>this higher low to be happening here, so anywhere in this region around 0.06 is where you should be looking at for longs for altcoins.<\/span><\/em><\/p>\n

If you look at altcoins, for instance, with Polkadot, you can see we\u2019ve made those lower lows and we\u2019re shifting the trend. So where are you looking at for potential longs on Polkadot? You\u2019re going to look at anything in this range of 14 bucks to 16 bucks as a flip, maybe high 13s \u2013 that should be flipping.\u201d<\/span><\/em><\/p>\n

Van de Poppe also says<\/a> that Cardano is bullish and has seen a great bounce from support.<\/span><\/p>\n

He\u2019s looking<\/a> to see if ADA can hold onto support at the $1.25 level. On the upside, he says a sustained break through the $1.47 level is the next region to watch.<\/p>\n