A closely followed crypto analyst believes digital assets will remain in a bullish trend for a longer duration than in previous cycles.
In a new strategy session, crypto trader Michaël van de Poppe tells his 768,800 followers on the social media platform X that Bitcoin (BTC) and Ethereum (ETH) could hit massive new all-time highs if the current bull market extends beyond what many are predicting.
“I think that there’s a significant chance that this cycle will be longer and go higher than everybody expects. We’ve had the longest bear market on altcoins. Why not have the longest, final bull market on them? Bitcoin to $500,000 and Ethereum to $20,000. Sign me up.”
The trader says the cycle peak could arrive as late as 2027 and that Bitcoin may become less volatile as it continues upward.
“I don’t think we’ll have many 30% corrections on Bitcoin during this cycle. The markets become larger, through which a lot more liquidity is added and Bitcoin becomes more ‘boring.’ Just a gradual upward pace. Either Bitcoin peaks in Q4 2025 or somewhere beginning 2027.”
Bitcoin is trading for $104,600 at time of writing, flat on the day. Meanwhile, Ethereum is trading for $3,268 at time of writing, up 4.1% in the last 24 hours.
Lastly, the trader says several altcoins may soon follow the lead of layer-1 blockchain network Sui (SUI) and start breaking out. He says bullish divergence is starting to appear on the three-day charts against Bitcoin for several alts, including Optimism (OP), Wormhole (W) and Omni Network (OMNI).
A bullish divergence, which suggests price will start t
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Author: Daily Hodl Staff
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