Since 2021, the crypto market has been waiting for another booming Altcoin season, with prices soaring between 40% and 70%. According to renowned analyst Michael van de Poppe, the green light has finally flashed for altcoins. With global liquidity increasing and a shift away from gold, things look promising. The situation may be changing and a new bullish phase could be on the horizon.
More money is flowing into the crypto market.
In recent quarters, altcoin has faced serious difficulties, leaving many investors disappointed. However, Michael van de Poppe explains that global liquidity is rising rapidly.
China has injected more money into the economy, Europe has lowered interest rates, and the United States may also soon cut interest rates.
When a lot of money flows into the system, risky assets like Bitcoin and altcoin often perform well. Van de Poppe believes that this could drive a strong bullish wave across the crypto market in the coming months.
Gold's sudden rise is cooling down
Another important signal comes from the gold market. Gold has outperformed other assets by 20% since 2022, as investors flocked to safe havens during times of uncertainty. But currently, gold prices seem to be peaking.
Van de Poppe believes that when gold slows down, investors will gradually return to riskier assets such as altcoin. Historically, whenever gold takes a breather, the crypto market has seen a strong recovery, and this time is no different.
The Chinese currency shows a significant turning point.
Interestingly, van de Poppe also pointed out the performance of the Chinese Yuan (CNH) against the US Dollar (USD). In previous cycles, whenever CNH/USD hit a bottom, altcoins like ETH started to rise rapidly.
The same thing happened in the summer of 2019 — after CNH/USD hit a low, altcoins experienced a strong rise over the next two years.
Now, the CNH chart has shown another deep decline, which could mean that the altcoins are preparing for a new bullish run. This pattern from the past makes the likelihood of a new bullish altcoin even stronger.
Organizations are changing the game.
Finally, van de Poppe stated that large institutions are currently shaping the crypto market. Instead of just following the old 4-year cycle, investors now have to monitor global cash flows and economic events.
After the longest bear market in the history of altcoin, things are finally starting to look better. The next 12 to 18 months could be very exciting for altcoin.
Signs of changing interest
Recently, Coinpedia News reported on the shift in focus of the crypto market, with attention turning to altcoin. A survey of 2,000 crypto investors in South Korea conducted by CoinNess and Cratos found that 33% expect the price of Bitcoin to rise this week, while 35.7% believe the price will remain the same. About 31% predict that the price of Bitcoin will decrease. This shift indicates a growing interest in altcoin.
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Cryptocurrency Experts Say the Altcoin Season is Ready for a Big Comeback – This is the Time
Since 2021, the crypto market has been waiting for another booming Altcoin season, with prices soaring between 40% and 70%. According to renowned analyst Michael van de Poppe, the green light has finally flashed for altcoins. With global liquidity increasing and a shift away from gold, things look promising. The situation may be changing and a new bullish phase could be on the horizon. More money is flowing into the crypto market. In recent quarters, altcoin has faced serious difficulties, leaving many investors disappointed. However, Michael van de Poppe explains that global liquidity is rising rapidly. China has injected more money into the economy, Europe has lowered interest rates, and the United States may also soon cut interest rates. When a lot of money flows into the system, risky assets like Bitcoin and altcoin often perform well. Van de Poppe believes that this could drive a strong bullish wave across the crypto market in the coming months. Gold's sudden rise is cooling down Another important signal comes from the gold market. Gold has outperformed other assets by 20% since 2022, as investors flocked to safe havens during times of uncertainty. But currently, gold prices seem to be peaking. Van de Poppe believes that when gold slows down, investors will gradually return to riskier assets such as altcoin. Historically, whenever gold takes a breather, the crypto market has seen a strong recovery, and this time is no different. The Chinese currency shows a significant turning point. Interestingly, van de Poppe also pointed out the performance of the Chinese Yuan (CNH) against the US Dollar (USD). In previous cycles, whenever CNH/USD hit a bottom, altcoins like ETH started to rise rapidly. The same thing happened in the summer of 2019 — after CNH/USD hit a low, altcoins experienced a strong rise over the next two years. Now, the CNH chart has shown another deep decline, which could mean that the altcoins are preparing for a new bullish run. This pattern from the past makes the likelihood of a new bullish altcoin even stronger. Organizations are changing the game. Finally, van de Poppe stated that large institutions are currently shaping the crypto market. Instead of just following the old 4-year cycle, investors now have to monitor global cash flows and economic events. After the longest bear market in the history of altcoin, things are finally starting to look better. The next 12 to 18 months could be very exciting for altcoin. Signs of changing interest Recently, Coinpedia News reported on the shift in focus of the crypto market, with attention turning to altcoin. A survey of 2,000 crypto investors in South Korea conducted by CoinNess and Cratos found that 33% expect the price of Bitcoin to rise this week, while 35.7% believe the price will remain the same. About 31% predict that the price of Bitcoin will decrease. This shift indicates a growing interest in altcoin.