"Altcoin bear market over…Bull market to continue for the next 1~2 years"

YM Lee

Summary

  • Analyst Michaël van de Poppe predicted the altcoin bear market is in its final stage and that a bull market will continue for the next 1~2 years.
  • He said the entire crypto asset market, including Bitcoin (BTC) and Ethereum (ETH), still has sufficient upside potential.
  • Van de Poppe assessed that this bull market will last at least 1~2 years and then face a correction similar to the dot-com bubble.

Crypto asset analyst Michaël van de Poppe said the altcoin bear market has entered its final stage and that a bull market will continue for the next 1~2 years. According to a Daily Hodl report on the 9th (local time), he said the entire crypto asset market, including Bitcoin (BTC) and Ethereum (ETH), still has plenty of upside potential.

He explained, "We are in a correction phase now, but after several months of stagnation we are preparing for the next upward phase," adding, "Cycle top indicators, market sentiment, and moving averages (EMA) are not yet showing top signals." He added, "At a time when many suspect the top has been reached, in fact a large breakout is being prepared."

Van de Poppe noted that the altcoin market has shown no distinct movement since the fourth quarter of 2023. Although altcoins fell sharply after the macroeconomic environment worsened after December 2024, he analyzed that this rather indicates the bear market is coming to an end. He said, "Along with the business cycle's bear market, the altcoin bear market is also ending, and entry into a bull market is now imminent."

He also said, "All bull markets tend to last longer than before, and all bear markets also tend to be longer," and predicted, "This bull market will last at least 1~2 years and then face a correction similar to the dot-com bubble."

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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