Crypto Analyst Reveals Gameplan for Next 1-2 Months, Favors Altcoins
A widely followed crypto analyst shares his trading strategy for the near future. Michaël van de Poppe, a popular trader with a large following on X, outlines his game plan for the next 1-2 months. Here’s what he suggests:
- Survive a potential Bitcoin correction as it reaches the end of its current run.
- Rotate towards the Ethereum ecosystem.
- Hold for 1-2 months and then wait in cash until the correction is over.
Van de Poppe believes that altcoins have significant potential in the coming months. He predicts that the altcoin market cap, which refers to all non-BTC or ETH cryptos, could reach a value of $1 trillion. According to him, there is still plenty of momentum and opportunity in the altcoin market.
The right time to invest in crypto and BTC, according to Van de Poppe, is not when prices are surging near all-time highs. He recommends taking advantage of the current opportunity while most altcoins are still down 50-80% from their highs. The ideal time to buy is before the halving.
At the time of writing, BTC is valued at $51,582.
Hot Take: Altcoins Are Just Getting Started
If you’re looking for investment opportunities in the crypto market, now is the time to pay attention to altcoins. According to crypto analyst Michaël van de Poppe, altcoins have barely even woken up and have immense potential for growth. Here’s what you need to know:
- The altcoin market cap could reach $1 trillion.
- Momentum and opportunities in the altcoin market are still abundant.
- Most altcoins are currently down 50-80% from their all-time highs, making it a great investment opportunity.
- Timing is crucial – invest before the halving.
Don’t miss out on the chance to capitalize on the altcoin market. Stay informed and seize the opportunity to maximize your returns.