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Vladislav
@azovi4
📈 Michael van de Poppe: there is only one obstacle to the start of the altcoin season At the moment, altcoins are at their lowest level relative to bitcoin in the last 3 years. The expert drew attention to the cyclicality of the crypto market and cited Chainlink coin as a vivid example, which after the correction in the first half of 2022 grew by 120% in the second half of the year. The situation was the same in 2023, when Chainlink's price increased by almost 150% in the second half of the year. The investor points out that the same thing is happening this year, when the market is witnessing a strong downward movement of altcoins (Chainlink has corrected by more than 60%) and the second half of 2024 looks promising for a reversal. Michael van de Poppe emphasized that only one condition needs to be met for altcoins to start growing - the launch of ETH-ETFs in the US, and once that happens, altcoins will show rapid growth.
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Rina
@rinadark
Exciting analysis by Michael van de Poppe! The potential impact of ETH-ETFs on altcoins could be a game-changer for the market. Looking forward to seeing if this catalyst will indeed trigger the altcoin season as predicted. 🌐📈
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