{"id":135792,"date":"2024-08-19T13:00:39","date_gmt":"2024-08-19T10:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135792"},"modified":"2024-08-19T00:22:36","modified_gmt":"2024-08-18T21:22:36","slug":"crypto-strategist-foresees-major-market-rebound-and-altcoin-surge-here-is-when","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-strategist-foresees-major-market-rebound-and-altcoin-surge-here-is-when\/","title":{"rendered":"Crypto Strategist Foresees Major Market Rebound and Altcoin Surge &#8211; Here is When"},"content":{"rendered":"<p>According to van de Poppe, September historically <strong><a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1824144026800623828\" target=\"_blank\" rel=\"nofollow\">marks<\/a> <\/strong>a bullish period for cryptocurrencies, and he expects a turnaround soon.<\/p>\n<p>Van de Poppe notes that altcoins are starting to show strength against Bitcoin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong>), indicating that the worst of the market downturn might be over. He expects Bitcoin and the broader crypto market to begin a new uptrend as the month progresses.<\/p>\n<p>To back his optimistic outlook on altcoins, van de Poppe highlights a chart of TOTAL3 against Bitcoin (TOTAL3\/BTC). TOTAL3 represents the market cap of cryptocurrencies excluding Bitcoin, Ethereum (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">ETH<\/a><\/strong>), and stablecoins.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solana-set-for-340-million-token-unlock-in-august-what-could-this-mean-for-the-price\/\" title=\"Solana Set for $340 Million Token Unlock in August: What Could This Mean for the Price?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/solana-1-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana Set for $340 Million Token Unlock in August: What Could This Mean for the Price?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He points out a bullish divergence on the TOTAL3\/BTC chart, suggesting that altcoins are poised for a significant breakout.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The only chart to watch.<\/p>\n<p>TOTAL3\/BTC looks absolutely great, with a massive bullish divergence.<\/p>\n<p>This indicates that <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Altcoins<\/a> are on edge for a big breakout.<\/p>\n<p>Shoutout <a href=\"https:\/\/twitter.com\/CryptoCapo_?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@CryptoCapo_<\/a> <a href=\"https:\/\/t.co\/7Y6cInMa4F\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/7Y6cInMa4F<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1824128925800288727?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Van de Poppe is also focusing on the decentralized finance (DeFi) sector, predicting it will be one of the top performers in the latter part of 2024.<\/p>\n<p>He notes that the total value locked (TVL) in DeFi projects is high, particularly on Ethereum, and points to <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/aave\/\">AAVE<\/a> <\/strong>as a strong performer likely to surge if it surpasses the $135 mark.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto strategist Micha\u00ebl van de Poppe believes the digital asset market is nearing the end of its extended correction phase.<\/p>\n","protected":false},"author":3,"featured_media":99972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-135792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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