Forecasts Prolonged Bullish Trend for Alternative Cryptocurrencies, Confirming Obvious Shift in Ethereum Market
Zero Holds Barred: Crypto Insider Says Altcoins are About to Take Over Bitcoin
hey there! let's dive into the world of altcoins and see why one analyst believes they're about to outshine Bitcoin.
Michaël van de Poppe, a well-known crypto strategist, has some exciting predictions for altcoins. According to him, altcoins are gearing up for a massive rally that could last for weeks on end!
In a post on social media platform X, van de Poppe revealed his bullish outlook on the altcoin market. He claims that the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart shows a bullish divergence, which indicates that altcoins are primed to outperform Bitcoin. TOTAL3 tracks the total market cap of cryptocurrency, excluding Bitcoin, Ethereum (ETH), and stablecoins. A bullish divergence means that buying momentum is growing while prices stay low or stagnate.
Van de Poppe explains,
"The altcoin market cap against Bitcoin is still massively bullish. The longest bullish divergence in history."
He also believes that Ethereum has flipped bullish against Bitcoin (ETH/BTC), further supporting his argument that altcoins will dominate the crypto market. According to him, Ethereum's bullish divergence from three weeks ago indicated a potential reversal, and a massive breakout followed soon after.
At the time of writing, the ETH/BTC pair is trading at 0.0242 BTC, or $2,515.
Van de Poppe also points out weekly bullish divergences on multiple altcoins, adding that these are "good times" for cryptocurrency investors.
Stay tuned for more updates on this exciting development as altcoins prepare to take center stage in the crypto world.
Don't forget to follow us on X, Facebook, and Telegram to stay up-to-date with the latest cryptocurrency news. And remember, never invest more than you're willing to lose!
Disclaimer: Opinions in this article are not investment advice. Always do your own research and consult with a financial advisor before making any high-risk investments. The Daily Hodl is not responsible for any losses you may incur.
Sources:
- "Crypto Bulletin: Michaël van de Poppe Sees Altcoins Igniting A Strong Uptrend As Altcoin Market Cap Versus Bitcoin Shows Bullish Divergence" (Daily Hodl 12 May 2025)
- "Bitcoin Could Reach $1 Million by 2027: Michaël van de Poppe" (Crypto Globe)
- "What is TOTAL3 and Why is it Important for the Crypto Market?" (Bitcoinist)
- "Crypto BTC Dominance Over Altcoins May Soon Change, Says Michaël van de Poppe" (CoinGyan)
- "Bitcoin Outperforming Altcoins: Analyst Explains Why Seasoned Traders Should Go Long" (CoinDesk)
Industry Announcements
Binance Alpha Launches Web 3.0 Game-Changer (16 May 2025)NEXON Launches MapleStory N and NXPC Token (15 May 2025)GSR Invests in Maverix Securities (15 May 2025)Sportsbet.io Unveils One Million USDT Giveaway (15 May 2025)Whale.io Accelerates Towards TGE with 'Wager and Earn' Campaign (14 May 2025)Edgen Launches AI Super App (14 May 2025)BC.GAME Strengthens Crypto Integration in iGaming Ecosystem (14 May 2025)
Investors could potentially find exciting opportunities in the cryptocurrency market as one analyst predicts a prolonged rally in altcoins, such as Ethereum, which may outperform Bitcoin in the coming weeks. This bullish outlook is based on the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart showing a significant bullish divergence. Additionally, several altcoins exhibit weekly bullish divergences, indicating positive prospects for investing in the cryptocurrency sector.
