Market Expert: Altcoin Summer Is Coming, Here's the Timeline

Michael Van de Poppe, a crypto specialist, projected big cryptocurrency gains. The expert gave a timescale and predicted how parabolic this rise may be for these crypto assets.

Altcoins Will Move In Summer

Van de Poppe said on X (previously Twitter) that cryptocurrencies would gain momentum from late June until September or October. The crypto expert said this move would reprice cryptocurrencies to their usual prices, referencing the “big cascade” they have endured since the start of the year.

Van de Poppe has long criticized cryptocurrencies as cheap and projected that their Bitcoin pair will move significantly post-halving. He also expected a narrative shift to Ethereum and that the second-largest crypto by market will dominate altcoin season.

When they trade, Spot Ethereum ETFs might start altcoin season, according to the expert. He projected that cryptocurrency season would start in late June since Bloomberg analyst Eric Balchunas predicted that Ethereum ETFs would trade then.

The analyst also revealed which cryptocurrencies he may have accumulated when he identified 10 cheap tokens he thinks will run in current bull cycle. Chainlink (LINK), Celestia (TIA), Arbitrum (ARB), Polkadot (DOT), and Cosmos (ATOM) were among his tokens.

Time to Prepare for Altcoin Season

Crypto expert Lark Davis said “could be the time to go down the risk curve” and position early for altcoin season. He said this when asked whether altcoin season was coming. He presented Blockchain Center statistics showing that altcoin season is far off.

Altcoin season is determined by Blockchain Center's index. The statistic shows that only altcoin season occurs when 75% of the top 50 market cap currencies surpass Bitcoin over the preceding 90 days. Only 12 cryptocurrencies have outperformed Bitcoin, therefore it's still Bitcoin season.#bitcoin #Binance55thProject(IO) #BTC