Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Michaël van de Poppe – Here’s the Timeline

Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Michaël van de Poppe – Here’s the Timeline

Daily HodlDaily Hodl2025/02/05 16:00
By:by Mark Emem

Analyst and trader Michaël van de Poppe is leaning bullish on altcoins amid a crypto market correction that resulted in digital assets worth billions of dollars getting liquidated earlier this week.

Van de Poppe tells his 771,900 followers on the social media platform X that 2025 will be a “big expansive year” and the market cap of altcoins could rise to $2.8 trillion.

“Altcoin market capitalization at $280 billion.

Within the next 12-24 months, this has likely done a 10x.”

Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Michaël van de Poppe – Here’s the Timeline image 0 Source: Michaël van de Poppe/X

Turning to Bitcoin ( BTC ), the widely followed analyst says that the flagship crypto asset has not hit a cycle peak and that the “real” bullish wave is yet to come. Van de Poppe says that Bitcoin could go up by at least 10% from the current level this month.

“Bitcoin bounced back swiftly and is currently acting within the range.

I assume we’ll see new all-time highs in February and it’s quite normal to correct after such a strong bounce.

Volatility through the roof, but, as long as Bitcoin remains above $93,000, a new all-time high is likely.”

Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Michaël van de Poppe – Here’s the Timeline image 1 Source: Michaël van de Poppe/X

Bitcoin is trading at $98,141 at time of writing.

Citing the example of cross-chain protocol Wormhole ( W ) against Bitcoin on the three-day time frame, Van de Poppe says various crypto assets are experiencing “massive bullish divergence.” A bullish divergence occurs when the price of an asset is recording lower highs while an indicator such as the Relative Strength Index (RSI) is recording higher lows.

Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Michaël van de Poppe – Here’s the Timeline image 2 Source: Michaël van de Poppe/X

Wormhole is trading at 0.00000182 BTC ($0.179) at time of writing.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!