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The famous analyst made critical comments about altcoins!
Michaël van de Poppe, known for his cryptocurrency analysis, expressed his striking opinions about the altcoin market. Discussing the trend in cryptocurrencies, Michaël van de Poppe made striking statements about the altcoin market.
The analyst gave his more than 707,000 followers on social media platform X details of the TOTAL3 chart he uses to track altcoin performances. Michaël van de Poppe, who is hopeful for Altcoins, attracted attention with his views.
Analyst highlighted the potential in altcoins!
Van de Poppe stated that intermediate corrections are part of a strong uptrend.
The analyst notes that many cryptocurrencies have reached their lowest levels and he sees great strength in the altcoin market. Emphasizing that we are in the bottom regions when we look at the weekly charts of most altcoins, Van de Poppe seems quite optimistic.
The analyst had previously predicted that the total market value of altcoins would reach approximately $1 trillion. TOTAL3 is traded at $751.125 billion as of writing the news.
Expressing his views across altcoins, Van de Poppe underlined a critical level in Bitcoin. Emphasizing the technical importance of $68,000, the analyst expressed his positive views as follows:
The analyst saw the course of the cryptocurrency market as positive, especially making altcoin investors happy. ETH, which has been losing value against BTC for a while, has not been able to fully pave the way for altcoins. The progress of the Spot ETH ETF agenda and the clarification of the break in the ETH / BTC parity will bring about an increase in altcoins. ETH's next price moves are eagerly awaited.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.