The crypto expert says that Dogecoin, Shiba Inu, PEPE and others are about to explode.
Cryptoanalyst Michael van de Poppe
Has established an optimistic forecast for altcoins, predicting that these crypto tokens will soon receive significant growth. This forecast is based on his belief that altcoins are still undervalued compared to Bitcoin's flagship cryptocurrency.
The crypto analyst says that altcoins are about to explode
Michael van de Poppe mentioned in message X (formerly Twitter) that "altcoins can still get about 40-60% of market capitalization." In a subsequent message X, he noted that the cost of these crypto tokens in their BTC pairs is still relatively low, and this suggests that "the force is still ahead," he said.
The analyst believes that the valuation of these altcoins should be made using their "bitcoin value" and not in any other way. If this is done, he noted, it will be possible to see that "most altcoins are still greatly underestimated" compared to the flagship cryptocurrency. Meanwhile, he hinted that altcoins would receive a significant increase after the consolidation of Bitcoin.
In a video published on his YouTube channel, Michael van de Poppe elaborated on the correlation between Bitcoin and these altcoins. The analyst said that reaching new highs with Bitcoin means that there is more money in the market and that this money will soon move to other crypto tokens.
As soon as this happens, he expects these altcoins to make significant profits, which may be underestimated due to the stigma of the bear market. Meanwhile, Michael van de Poppe predicts that the altcoin season will consist of several stages. The first will see that these crypto tokens are approaching their historical maximum (ATH) or even overcoming it, as has already been observed in some.
The best time to buy altcoins
Michael van de Poppe prepared his followers in advance for the upcoming altcoin season, advising them when to buy these crypto tokens. Then he mentioned that the best time to invest in altcoins was "6-10 months before the bitcoin halving."
