Crypto analyst Michaël van de Poppe is predicting a huge price jump for Bitcoin. He believes the current bull run is far from over and that Bitcoin could easily reach $500,000.
Bitcoin’s Next Big Move
Van de Poppe, who boasts a large following on X (formerly Twitter), bases his prediction on a “rainbow logarithmic growth channel” chart. This chart, he explains, helps predict Bitcoin’s long-term highs and lows by smoothing out short-term price fluctuations. According to his analysis, the previous Bitcoin peak should have been much higher, and future peaks will be even greater. He suggests that a bull market extending into 2026 could easily push Bitcoin to the half-million-dollar mark.
Altcoins Poised to Explode
While van de Poppe thinks Bitcoin might have peaked for now (at least in the short term), he’s bullish on altcoins. He anticipates a surge in altcoin prices, particularly if economic indicators, like employment data, worsen. This, he says, would likely trigger a correction in yields, creating a favorable environment for altcoin growth.
The Bull Run Continues
Van de Poppe dismisses the idea that the current crypto bull market is over. He believes there’s significant potential for further growth, emphasizing that patient investors are likely to see substantial returns. He cautions, however, that this extended cycle will likely be full of surprises.
Disclaimer: This is not financial advice. Investing in cryptocurrencies is risky. Do your own research before making any investment decisions.
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