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Ethereum, Dogecoin And Other Altcoins May Erase '4 Years Suffering' In Just Months, Says Michael Van De Poppe Amid Historic Bullish Divergence

Cryptocurrency analyst Michaël van de Poppe identified a potentially significant market signal Friday, noting that altcoins could be poised for a dramatic recovery against Bitcoin (CRYPTO: BTC).What Happened: “The bull market is the biggest reward of 4 years suffering. Within a window of a few months, your Altcoins can erase all the losses,” van de Poppe wrote on X. “The Altcoin market capitalization against Bitcoin is still massively bullish. The longest bullish divergence in history.”The analyst’s comments come as Bitcoin trades near $103,023, with a market capitalization of approximately $2.04 trillion. Meanwhile, the CMC Altcoin Season Index currently sits at 39/100, firmly in “Bitcoin Season” territory, which indicates Bitcoin has outperformed most alternative cryptocurrencies over the past 90 days, according to data from CoinMarketCap.The bull market is the biggest reward of 4 years suffering.Full story available on Benzinga.com

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Published by: benzinga

Read full article here: https://www.benzinga.com/markets/cryptocurrency/25/05/45333766/ethereum-dogecoin-and-other-altcoins-may-erase-4-years-suffering-in-just-months-says-micha