Is the Pullback in Bitcoin and Altcoins a Buying Opportunity? Famous Analyst Shared His Short-Term BTC and Altcoin Expectations!

Bitcoin While it experienced an almost 10% correction in the last two days, in altcoins There were also serious declines.

At this point, while investors are investigating whether the bottom has come, well-known analyst Michael van de Poppe BTC and analyzed the current situation of altcoins.

While there is very little time left for the halving in Bitcoin, Poppe said that the same situation is experienced in previous cycles and everything is fine, and that it is time to buy. told.

“Reality is starting to set in as the pre-halving momentum in Bitcoin slows down.

Like every previous cycle, things are still going well for Bitcoin and altcoins.

Altcoins lost 25-50% in USDT value while BTC dropped 40-70% in value.

At this point, it’s time to buy.”

Is There a Buying Opportunity in Altcoins?

Successful analyst also BitcoinPointing out that BTC is in a consolidation period, he said that he does not expect much upward movement in BTC in the coming days, but slowly but surely. altcoins He believes it will start to gain momentum. told.

Poppe stated that although he does not expect an upward movement in Bitcoin, he has high expectations from altcoins. “altcoins fell between 50-70% in Bitcoin pairs. “This is a real opportunity to position yourself in altcoins.” said.

#Altcoins are down 50-70% in their Bitcoin pairs.

That’s an actual opportunity to get yourself positioned into them.

— Michaël van de Poppe (@CryptoMichNL) April 4, 2024

*This is not investment advice.