Michaël van de Poppe, a well-known cryptocurrency analyst and trader, shared his views on altcoins that he believes will perform well in the coming period and his prediction for Bitcoin's price action.
In a series of tweets, Van de Poppe likened the current market situation to a bull rally in 2020 and identified some altcoin categories that he claims could outperform others.
In a series of tweets, Van de Poppe likened the current market situation to a bull rally in 2020 and identified some altcoin categories that he claims could outperform others. Arbitrum (ARB), Optimism (OP), Injective Protocol (INJ) ve Sui (SUI) gibi yeni coinlerin yanı sıra Pepe (PEPE) ve Dogecoin (DOGE) gibi memecoinleri de izlenmesi gereken potansiyel adaylar olarak belirtti.
During the coming period, comparable to 2020, I think certain categories could outperform.
Newer coins: $ARB / $OP / $INJ / $SUI
Meme coins: $PEPE / $DOGEDefinitely in the books to monitor.
— Michaël van de Poppe (@CryptoMichNL) August 24, 2023
He also commented on the correlation between Bitcoin and commodities, especially silver. Noting that silver has recovered all its losses and returned to July levels, he implied that Bitcoin could follow suit and return to $30,000.
Finally, he drew a parallel between Ethereum's price movements in 2019 and 2023, noting that Ethereum bottomed out again eight months before the Bitcoin halving, which is expected to occur in May 2024, as Ethereum has done before.
*Not investment advice.
