🟠ALTSEASON IN ARRIVO, BITCOIN STABILE

Giorno: 30 | Ora : 16:32 Secondo l'analista Michaël van de Poppe, il mercato delle criptovalute, escludendo il Bitcoin, sta performando bene e la sua consolidazione attuale potrebbe portare ad un rimbalzo positivo. Van de Poppe ha inoltre affermato che la dominanza del Bitcoin potrebbe aver raggiunto il suo picco e che l'approvazione degli ETF di Ethereum potrebbe dare slancio alle altcoin. L'analista ha anche notato una diminuzione della potenza di mining di Bitcoin, simile a quella causata dal crollo di FTX, e ritiene che il mercato delle criptovalute tornerà a crescere.

According to analyst Michaël van de Poppe, the cryptocurrency market, excluding Bitcoin, is performing well and its current consolidation could lead to a positive rebound. Van de Poppe also stated that Bitcoin's dominance may have reached its peak and that the approval of Ethereum ETFs could give momentum to altcoins. The analyst also noted a decrease in Bitcoin's mining power, similar to that caused by the collapse of FTX, and believes that the cryptocurrency market will return to growth.

Michaël van de Poppe, one of the most influential analysts of the cryptocurrency market, talked about Bitcoin and the general cryptocurrency market in his statement.

According to the analyst, the total market cap chart excluding Bitcoin is actually performing well. Therefore, the analyst claims that the consolidation in question is an expected event, after which an upward bounce scenario is possible.

Speaking about Bitcoin dominance, van de Poppe said that dominance may have seen its peak. In this context, the analyst believes that Ethereum ETF approvals will allow the altcoins' momentum to continue as a rotation trigger.

According to the analyst, a divergence in favor of the bear was observed in BTC's dominance chart.

In addition, the analyst thinks that the actual mining hash rate of the Bitcoin network has decreased. Miners are approaching the capitulation zone in a manner similar to that caused by the FTX crash. According to the analyst, the decline of miners is occurring at a pace similar to the FTX collapse period.

Van de Poppe therefore argues that it is only a matter of time before the cryptocurrency market makes a comeback.

In addition, the analyst, who also examined BTC's weekly candlestick chart, said that he thought the correction movement was relatively over.

*This is not investment advice.