A widely followed crypto analyst says that Bitcoin (BTC<\/a>) is on the brink of a move to the upside.<\/p>\n In a new thread, crypto trader Micha\u00ebl van de Poppe tells<\/a> his 763,900 followers on the social media platform X that even though the crypto king looks like it\u2019s on the cusp of an impulsive move, it will likely still be outpaced by altcoins in the Ethereum (ETH<\/a>) ecosystem.<\/p>\n \u201cVery likely we\u2019ll see a new impulse on Bitcoin in the coming period. However, I think it\u2019s more likely that we\u2019ll see altcoins outperform Bitcoin, especially the ETH ecosystem. Lower yields, weaker dollar, progressive crypto regulation all fueling the market momentum.\u201d<\/em><\/p>\n According to the strategist, the current crypto cycle is more \u201ccomplex\u201d than the last, continuing a trend from the previous cycle. Van de Poppe says<\/a> his strategy will involve maximizing his risk to altcoins as he believes they are about to break out.<\/p>\n \u201cI think that this bull cycle is more complex than the previous one. Just like 2021 was more complex than 2017, as everything literally kept going up in 2017. That\u2019s why I\u2019ve got a semi-active trading strategy. <\/em><\/p>\n For now, I\u2019ll be holding, but I\u2019ll be trading actively on those altcoins making sure that I\u2019m lowering my risk on the way up. At this point: I\u2019d like to be maximally exposed to risk as we\u2019re literally on the start of that upwards move for altcoins.\u201d <\/em><\/p>\n The top crypto asset by market cap is trading for $104,699 at time of writing, a 5.1% increase during the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n
\n
\nCheck Price Action<\/a><\/span><\/em>
\n
\nFollow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>
\n
\nSurf The Daily Hodl Mix<\/a><\/span><\/em>
\n<\/p>\n
\n![](\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\")
<\/center><\/p>\nDisclaimer: 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