Altcoins are poised for a bullish rally, according to trader Michaël van de Poppe. He notes a “very healthy correction” in the altcoin market, which he believes is a precursor to an upward breakout in the following months. While Bitcoin consolidates, van de Poppe predicts that altcoins are bottoming out and exhibiting strength. He previously forecasted a market cap of nearly $1 trillion for altcoins, with the current total market cap sitting at $751.125 billion. As for Bitcoin, van de Poppe suggests it could rally to its all-time high of around $73,000 before the upcoming halving event. Bitcoin is currently trading at $70,242, showing a 5% increase in the last 24 hours.
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Altcoins Gearing Up To Outperform Bitcoin Following ‘Very Healthy’ Correction: Trader Michaël van de Poppe
