Narrative Shift to Occur
Crypto expert Michaël van de Poppe predicts that the focus will shift away from Bitcoin after the halving on April 19th. He expects attention to turn towards Ethereum (ETH) and projects related to Decentralized Physical Infrastructure Networks (DePIN), Real World Assets (RWA), Artificial Intelligence (AI), and meme coins.
Altcoins to Shine
Van de Poppe believes that altcoins are undervalued and will surge in value against Bitcoin once the halving hype subsides. He expects a bullish trend for altcoins from Q2 until summer, followed by a correction in Q3.
Bitcoin’s Short-Term Outlook
Van de Poppe predicts a relief bounce for Bitcoin to around $70,000 in the short term. However, he is less optimistic about its long-term trajectory, expecting a period of consolidation that could last for months.
Re-Accumulation Phase
This consolidation period is likely the re-accumulation phase of the Bitcoin halving cycle. Investors may feel discouraged during this time, but it is typically followed by a “parabolic uptrend” that lasts over a year.
Historical Patterns
Historically, Bitcoin’s significant price gains have occurred within six months to a year after the halving event.