Crypto analyst Michaël van de Poppe has suggested that Bitcoin’s latest upward momentum may be nearing a pause, paving the way for altcoins to shine.
In a recent post, van de Poppe noted that while Bitcoin has made a strong move higher, the next phase of the trend is likely to shift focus away from the leading cryptocurrency.
“The trend is clear,” he stated, “but the momentum is now tilting in favor of altcoins.” His remarks come alongside a chart analysis showing a sharp rally in Bitcoin, reaching what appears to be a local top, with technical indicators pointing to a potential cool-off period.
Van de Poppe believes this marks the beginning of a favorable period for altcoin traders, encouraging investors to take advantage of potential dips. “Buy the dip season!” he wrote, hinting at growing opportunities in the broader crypto market.
The chart he shared illustrates key breakout levels and past consolidation zones, reinforcing the idea that Bitcoin’s surge could transition into a broader market rotation.
With Bitcoin’s dominance possibly stalling, many traders are now watching for a shift in capital toward smaller-cap digital assets that may outperform in the short term.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/market/top-analyst-warns-bitcoin-may-cool-off-as-altcoins-gain-strength/