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The altcoin bull market is just around the corner, according to the crypto analyst Michaël van de Poppe.
Van de Poppe also tells his 806,900 X followers that the overall crypto bull market, including Bitcoin (BTC) and Ethereum (ETH), has more room to run.
“Yes, we do have corrections, but we’ve also been seeing stagnant periods for months and months before a new leg upwards.
Critically:
– None of the bull cycle peak indicators signal that we’re at the top.
– Neither does the sentiment provide a case that we’re overvalued.
– Nor do the EMAs indicate that we’re getting close to a peak.
The more interesting part is that we’re actually in such a correction where people anticipate that we’re peaking, or start questioning it, when, in reality, we’re building up for the next big breakout.”
Source: Michaël van de Poppe/X
The trader notes that altcoins haven’t moved since the fourth quarter of 2023.
“That was a while ago and that was the last, kind of, altcoin run.
However, given that, since Dec ’24, the macroeconomic table didn’t go in the way that we wanted it to go, it resulted in a massive crash on the altcoins.
That massive crash provides us a case that we’re not expecting altcoins to do anything at all anymore.
Is that real?
No, it’s not. We’re actually at the end of the bear market, as we’re also at the end of the bear market for the business cycle, and we’re going to be in a bull run.
Every bull run is longer than the previous one, and every bear market is therefore longer too.”
Van de Poppe speculates that the bull run could last another 1-2 years before entering a “Dot-com type of bubble” that will result in a longer bear market.
