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COINTURK NEWS > Altcoin News > Michaël van de Poppe Predicts Altcoin Market Recovery by 2025
Altcoin News

Michaël van de Poppe Predicts Altcoin Market Recovery by 2025

In Brief

  • Michaël van de Poppe forecasts an end to the altcoin correction by 2025.

  • Ethereum is showing bullish trends against Bitcoin, attracting investor interest.

  • Increased trading volumes indicate significant accumulation in altcoins like Optimism.

İlayda Peker
İlayda Peker 5 months ago
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Crypto market analyst Michaël van de Poppe believes that the current correction in the altcoin market may end within a few weeks of 2025. He notes that the TOTAL3 chart, which tracks the market capitalization of all cryptocurrencies excluding Bitcoin $104,557, Ethereum $2,609, and stablecoins, is likely to enter an upward trend soon.

Contents
Ethereum and Other AltcoinsInvestor Interest and Market Expectations

Ethereum and Other Altcoins

Van de Poppe indicates that Ethereum is showing bullish signals against Bitcoin (ETH/BTC). Additionally, other altcoins, such as the scaling solution Optimism (OP), are witnessing increased trading volumes, suggesting significant accumulation by investors.

“Looking at the altcoin market and analyzing TOTAL3, we see a high likelihood that the market correction is nearing its end. We could experience another week or two of correction at the beginning of January, after which we may rise again.” – Michaël van de Poppe

He pointed out that OP/BTC has increased by 5.83% in the last 24 hours, reaching 0.00002051 BTC, while ETH/BTC has risen by 3.23% to 0.03675 BTC.

“Ethereum’s upward movement against Bitcoin and the growing interest in altcoins like Optimism show that the Ethereum ecosystem is still significantly undervalued.” – Michaël van de Poppe

Van de Poppe emphasizes that the Ethereum ecosystem is in a consolidation or minor correction phase, which leaves a substantial gap in its overall value.

Investor Interest and Market Expectations

He believes that the end of the general market correction is near, and investor interest is increasing. He advises closely monitoring the market movements of assets outside of Bitcoin and Ethereum.

If the anticipated correction in the altcoin market concludes, it is expected that investors may re-enter the market, leading to upward price movements.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 4 January, 2025 - 10:45 pm 4 January, 2025 - 10:45 pm
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