{"id":286911,"date":"2025-06-11T01:00:04","date_gmt":"2025-06-11T01:00:04","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/correction-in-one-surging-asset-could-trigger-rallies-for-altcoin-markets-according-to-analyst-michael-van-de-poppe\/"},"modified":"2025-06-11T01:00:04","modified_gmt":"2025-06-11T01:00:04","slug":"correction-in-one-surging-asset-could-trigger-rallies-for-altcoin-markets-according-to-analyst-michael-van-de-poppe","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=286911","title":{"rendered":"Correction in One Surging Asset Could Trigger Rallies for Altcoin Markets, According to Analyst Micha\u00ebl van de Poppe"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A widely followed crypto strategist thinks that a correction in one safe-haven asset will likely trigger risk-on behavior that could benefit altcoins.<\/p>\n<p>Analyst Micha\u00ebl van de Poppe tells his 791,800 followers on the social media platform X that he\u2019s keeping a close watch on gold\u2019s price action, <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1931754344631673326\" rel=\"noopener\" target=\"_blank\">noting<\/a> that the precious metal\u2019s chart is the \u201cmost important chart to watch\u201d this week.<\/p>\n<p>According to the trader, gold appears to have printed a bearish lower high setup on the six-hour chart, suggesting that the precious metal could fall to as low as $3,200 in the near term.<\/p>\n<p><em>\u201cAs long as Gold stays sub-$3,365, we\u2019re likely going to see a sharp fall in the coming one to two weeks of anything between 4-10%, resulting into a sudden macroeconomic shift.\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 3094px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/Gs7E3OfWIAAreKk?format=jpg&amp;name=4096x4096\" alt=\"Image\" width=\"3094\" height=\"1213\"\/><figcaption class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>Van de Poppe believes that falling gold prices will be beneficial for altcoins, as it suggests an increased appetite for risk among investors.<\/p>\n<p><em>\u201cAt the end of [last] week, a sudden [gold] correction took place, which might result in the confirmation of a short-term downtrend.<\/em><\/p>\n<p><em>This is vital, as that would attract more investors towards Altcoins.<\/em><\/p>\n<p><em>Why?<\/em><\/p>\n<p><em>It would enable more investors to be jumping into risk-on assets, when gold implies that it continues to fall.<\/em><\/p>\n<p><em>This means \u2013&gt; money\/liquidity flows from risk-off assets towards risk-on assets, and the best asset class remains to be crypto.\u201d\u00a0<\/em><\/p>\n<p>But the trader warns that altcoins will likely see lower levels if gold shatters $3,365.<\/p>\n<p><em>\u201cIf it does break above that crucial level, the theory is invalidated, and we\u2019re likely open for printing new highs, which then means that we\u2019re printing new lows on altcoins.<\/em><\/p>\n<p><em>For me, this is crucial, as a correction in Gold and rally in the CNH (offshore Chinese renminbi) implies that we\u2019re going to be seeing more interest flowing into crypto after that.\u201d<\/em><\/p>\n<p>At time of writing, gold is trading for $3,324, up more than 60% in the last 18 months.<\/p>\n<p dir=\"ltr\"><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p dir=\"ltr\"><span style=\"font-size: 10pt;\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto strategist thinks that a correction in one safe-haven asset will likely trigger risk-on behavior that could benefit altcoins. Analyst Micha\u00ebl van de Poppe tells his 791,800 followers on the social media platform X that he\u2019s keeping a close watch on gold\u2019s price action, noting that the precious metal\u2019s chart is the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":286912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12981,13647,14545,10911,13651,674,11715,1823,1820,22510,23806,46857,11086,22089,6704],"dealstore":[],"offerexpiration":[],"class_list":["post-286911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-analyst","tag-asset","tag-correction","tag-gold","tag-markets","tag-michael","tag-news","tag-poppe","tag-rallies","tag-surging","tag-trading","tag-trigger","tag-van"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Correction in One Surging Asset Could Trigger Rallies for Altcoin Markets, According to Analyst Micha\u00ebl van de Poppe - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=286911\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Correction in One Surging Asset Could Trigger Rallies for Altcoin Markets, According to Analyst Micha\u00ebl van de Poppe - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A widely followed crypto strategist thinks that a correction in one safe-haven asset will likely trigger risk-on behavior that could benefit altcoins. 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