Crypto analyst Michaël van de Poppe is bullish on the future of crypto, predicting a major surge in the market.
Total Crypto Market Cap on the Rise
Van de Poppe believes the total crypto market cap is about to break through its last resistance level of $2.66 trillion. He sees a strong uptrend in the market, with bullish signals indicating a significant rally. He predicts the market will break through its all-time high and continue to rise.
“The total market capitalization of crypto is looking really good. We’re going to break through the all-time high in the next two to three months and it’s going to be awesome,” he said.
Altcoins Ready to Explode
Van de Poppe is also optimistic about the altcoin market. He’s watching the TOTAL3 chart, which tracks the overall value of all cryptocurrencies excluding Bitcoin, Ethereum, and stablecoins. He believes the market is poised to break through its resistance level of $800 billion.
“Altcoins took a bit of a hit last week, but the market has recovered. We’re just seeing a build-up before a big breakout above $800 billion,” he said.
Disclaimer
Remember, this is just one analyst’s opinion. Always do your own research before investing in cryptocurrencies.
