Crypto Market Correction Sets Stage for Altcoin Explosion, Says Analyst

Michaël van de Poppe remains optimistic about altcoins despite a recent market downturn that wiped out billions in value.

The crypto expert predicts that 2025 will be a breakout year, with the altcoin market cap potentially surging to $2.8 trillion, a significant increase from its current levels. He believes that within the next 12 to 24 months, altcoins could see a tenfold increase, aligning with historical trends where alternative digital assets have outperformed after periods of market correction.

Additionally, van de Poppe argues that Bitcoin has yet to reach its cycle peak and that the most significant bullish phase is still ahead. He notes Bitcoin’s swift recovery from recent price fluctuations and expects new all-time highs to emerge in February.

According to him, corrections after strong rallies are normal, and as long as Bitcoin remains above $93,000, further gains are likely. Van de Poppe suggests that a 10% increase from current levels could materialize in the near term.

READ MORE:

BlackRock Expected to Launch Bitcoin Spot ETP in Europe

He further highlights a strong bullish divergence forming across multiple assets, using Wormhole (W) as an example on the three-day Bitcoin chart. A bullish divergence occurs when an asset’s price forms lower highs while indicators like the Relative Strength Index (RSI) register higher lows, signaling potential upward momentum. Van de Poppe believes that such patterns are emerging in various altcoins, indicating that the market may soon witness a broader uptrend.

He also emphasizes that while short-term corrections can create uncertainty, they often serve as opportunities for strategic accumulation before the next major rally. Looking at historical market cycles, he suggests that once Bitcoin establishes a strong base, altcoins typically follow with exponential gains, reinforcing his bullish stance for the months ahead.

Alexander Zdravkov