{"id":72245,"date":"2025-02-06T21:22:18","date_gmt":"2025-02-06T21:22:18","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/total-altcoin-market-cap-could-jump-to-2800000000000-says-michael-van-de-poppe-heres-the-timeline\/"},"modified":"2025-02-06T21:22:18","modified_gmt":"2025-02-06T21:22:18","slug":"total-altcoin-market-cap-could-jump-to-2800000000000-says-michael-van-de-poppe-heres-the-timeline","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=72245","title":{"rendered":"Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Micha\u00ebl van de Poppe \u2013 Here\u2019s the Timeline"},"content":{"rendered":"


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Analyst and trader Micha\u00ebl van de Poppe is leaning bullish on altcoins amid a crypto market correction that resulted in digital assets worth billions of dollars getting liquidated earlier this week.<\/p>\n

Van de Poppe tells<\/a> his 771,900 followers on the social media platform X that 2025 will be a \u201cbig expansive year\u201d and the market cap of altcoins could rise to $2.8 trillion.<\/p>\n

\u201cAltcoin market capitalization at $280 billion.<\/em><\/p>\n

Within the next 12-24 months, this has likely done a 10x.\u201d<\/em><\/p>\n

\"Image\"
Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n

Turning to Bitcoin (BTC<\/a>), the widely followed analyst says<\/a> that the flagship crypto asset has not hit a cycle peak and that the \u201creal\u201d bullish wave is yet to come. Van de Poppe says<\/a> that Bitcoin could go up by at least 10% from the current level this month.<\/p>\n

\u201cBitcoin bounced back swiftly and is currently acting within the range.<\/em><\/p>\n

I assume we\u2019ll see new all-time highs in February and it\u2019s quite normal to correct after such a strong bounce.<\/em><\/p>\n

Volatility through the roof, but, as long as Bitcoin remains above $93,000, a new all-time high is likely.\u201d<\/em><\/p>\n

\"Image\"
Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n

Bitcoin is trading at $98,141 at time of writing.<\/p>\n

Citing the example of cross-chain protocol Wormhole (W<\/a>) against Bitcoin on the three-day time frame, Van de Poppe says<\/a> various crypto assets are experiencing \u201cmassive bullish divergence.\u201d A bullish divergence occurs when the price of an asset is recording lower highs while an indicator such as the Relative Strength Index (RSI) is recording higher lows.<\/p>\n

\"Image\"
Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n

Wormhole is trading at 0.00000182 BTC ($0.179) at time of writing.<\/p>\n

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