Seasoned Analyst Reveals the Peak Bitcoin Price Could Climb in the Current Cycle
Cryptocurrency analyst Michaël van de Poppe shared his new comments about Bitcoin and altcoins with his followers.
The analyst first started by evaluating altcoins. The analyst, who said that he is often asked the question “Is the altcoin season coming?”, claimed that an altcoin season will indeed occur.
In addition, van de Poppe stated that there is always an altcoin experiencing a bull season in the altcoin world, and cited the memecoin season, Solana rally and the field of artificial intelligence as examples.
Speaking about the next group of altcoins that may rally, the analyst pointed out the Ethereum ecosystem, DePIN and real world assets (RWA) for these.
Turning to Bitcoin, the analyst stated that the BTC price is still at a critical resistance point. According to the analyst, if this resistance point can be broken, a journey towards the new all-time high price level can begin. He claimed that BTC could climb up to 300 thousand dollars in the current cycle.
The analyst said that the markets seem stronger than investors think, the declines in altcoins are balanced by huge purchase transactions, a new ATH level is likely in Bitcoin before the halving, and then eyes will turn to altcoins.
*This is not investment advice.