Crypto strategist Michaël van de Poppe believes Bitcoin’s current strength is a sign of its potential to reach unprecedented heights.
Bitcoin’s All-Time High Pre-Halving
Van de Poppe notes that Bitcoin’s recent surge above $73,000 before the halving (when miners’ rewards are cut in half) is a strong indication of its strength. He predicts that BTC could see a 4X increase from current levels before reaching its cycle peak.
Underestimating Bitcoin’s Strength
Van de Poppe suggests that the market is underestimating the resilience of Bitcoin and the broader crypto market. He highlights the strength of altcoins and the potential for a new all-time high before the halving.
Rotation to Altcoins
Van de Poppe expects traders to shift their focus to three specific crypto subsectors:
- ETH ecosystem
- DePIN (decentralized physical infrastructure networks)
- RWA (real-world assets)
Altcoin Market Cap Surges
The TOTAL3 chart, which tracks the market capitalization of all altcoins excluding Ethereum and stablecoins, continues to show signs of strength. Van de Poppe believes that the rally is not over and predicts further gains for altcoins.
