Crypto analyst Michaël van de Poppe, Bitcoin $103,062.1He stated that (BTC) is likely to make an upward move in the near future. However, Ethereum (ETH) 
$3,267.2 He emphasized the possibility of altcoins, especially the ecosystem, surpassing Bitcoin. Van de Poppe’s predictions address the complexity of the current dynamics in the crypto market.
Bitcoin’s Upward Movement
Van de Poppe suggests that Bitcoin may gain new momentum in the coming period. While he emphasizes the possibility of this move being impulsive, he thinks that altcoins will lead the market. He also noted that Bitcoin was traded at $104,699, an increase of 5.1% in the last 24 hours.
The analyst also listed the reasons why he thinks altcoins will leave Bitcoin behind. Low yields, a weak dollar and advancing crypto regulations are driving market momentum. He emphasized that developments in the Ethereum ecosystem, in particular, will increase the performance of altcoins.
Market Complexity
Van de Poppe noted that the current crypto cycle is more complex than previous periods. Stating that 2021 is more complex than 2017, the analyst said that the trading strategy has been activated superficially. He expressed that he thinks that increasing the risk in altcoins will increase the market’s ability to react.
“We will probably see a new momentum in Bitcoin in the coming period. However, altcoins seem more likely to surpass Bitcoin, especially the ETH ecosystem. “Low yields, a weak dollar, and advancing crypto regulations are all driving market momentum.” – Michaël van de Poppe
Van de Poppe plans to focus his risk management strategy on altcoins. He states that taking maximum risk in altcoins offers the potential to gain value rapidly in the event of a possible upward movement in the markets. This strategy aims to manage market fluctuations more effectively.
Bitcoin occupies an important position in terms of market value as the largest crypto asset. However, analysts believe that altcoins, especially Ethereum, can outperform by taking advantage of the current economic and regulatory conditions.
Market participants are advised to conduct their own research and carefully consider investment risks before investing. Considering the volatile nature of cryptocurrency markets, it is important to take strategic and conscious steps.
Investors and market observers consider Michaël van de Poppe’s analyzes to be effective in shaping market trends. For those looking for potential opportunities in altcoins, careful analysis and strategic planning may be essential during this period.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
