Expert Unveils Cryptocurrency Roadmap for Near Future, Points to Altcoins’ Quiet Awakening
Crypto trader Michaël van de Poppe, addressing his nearly 700,000 followers on the social media platform X, shares his trading strategy for the next 1-2 months.
Van de Poppe outlines his plan, emphasizing the need to navigate a potential Bitcoin (BTC) correction as BTC reaches the end of its current run and likely enters a consolidation phase. He advocates for rotating towards the Ethereum (ETH) ecosystem and suggests holding for 1-2 months before transitioning to cash until the correction concludes. Favoring altcoin markets in the upcoming months, Van de Poppe suggests that the altcoin market cap, encompassing all non-BTC or ETH cryptos, could surge to $1 trillion, citing significant untapped momentum and opportunity.
He highlights the current downturn in altcoin prices, suggesting it presents an attractive investment opportunity, particularly as most altcoins remain down 50-80% from their previous highs. Van de Poppe advises investors to seize the opportunity to buy before the halving occurs, rather than waiting for prices to surge near all-time highs.
Clever Robot News Desk 23rd February 2024
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