• Analyst Michael van de Poppe stated Bitcoin’s months-long consolidation round $110,000 doesn’t point out a market peak.

• He argues that altcoins stay “massively mispriced” and plenty of are nonetheless close to all-time lows.

• Van de Poppe expects an extended and stronger bull market to proceed and urges buyers to be affected person and keep away from panic.

Distinguished cryptocurrency analyst Michael van de Poppe has dismissed rising issues that the Bitcoin and altcoin markets have already peaked within the second half of 2025.

In his newest YouTube video, Van de Poppe argued that regardless that Bitcoin has been hovering round $110,000 for a number of months, there aren’t any clear indicators of a cycle prime within the general market.

He stated most altcoins stay close to all-time lows, contradicting the thought of ​​a market-wide peak. “Sure, Bitcoin is up, and Ethereum is up, however that is not the sort of retail sentiment we needed to see,” he stated, including that the purported “prime indicators” circulating on social media are untimely.

Indicator doesn’t present main peaks

Van de Poppe highlighted Coinglass information displaying round 30 bull market peak indicators, however up to now none have triggered a prime sign.

“Not one of the bull market peak indicators point out a peak,” he stated. This remark means that the market nonetheless has vital room for progress.

He in contrast the present scenario to 2021, when Bitcoin peaked at $69,000 whereas rates of interest have been 0% and quantitative tightening started. In distinction, within the present setting, rates of interest are round 4%, and there may be hope that tightening will finish quickly and that fee cuts might observe.

“Monetary enlargement will occur once more,” he stated. “Perhaps the market will shift from risk-off property like gold to risk-on property like Bitcoin.”

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Bitcoin benefit and subsequent cycle

Bitcoin’s nonetheless comparatively excessive dominance of 60 is one more reason Van de Poppe believes the market has not but reached its retail-driven peak. He in contrast at present’s construction to the 2019-2020 interval, when Bitcoin consolidated earlier than its massive breakout.

He additionally cited market strategist Julian Bittel’s macro evaluation, which correlates Bitcoin’s efficiency with the ISM enterprise cycle index. Bittel predicts that if the ISM studying reaches 60-65, Bitcoin may soar to $1.5 million by 2026, a degree much like the intense ranges of earlier cycles in 2017 and 2021.

Enterprise cycles recommend an prolonged bull market

Van de Poppe pointed to enterprise cycle information displaying that the present financial downturn has lasted greater than three years, twice so long as the earlier downturn. He urged that the prolonged destructive interval suggests the following bull market might be considerably longer and extra highly effective.

“We’re nonetheless on the backside of this metric general,” he stated. “Which means we’re nonetheless on the backside of the altcoin curiosity section with room for additional upside.”

Altcoins stay “considerably mispriced”

Regardless of altcoins falling 20-40% and Bitcoin correcting 20% ​​earlier this month, Van de Poppe argued that the general market stays undervalued. He famous that cash like Optimism (OP) have hit new all-time lows in opposition to Bitcoin, suggesting a possible accumulation zone relatively than an exit level.

“I believe altcoins are nonetheless grossly mispriced and there may be nonetheless an enormous disconnect between them and their precise truthful worth,” he stated. “When you merely make portfolio selections on time, you may be considerably sidelined when the market goes up.”

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Endurance is healthier than panic

Van de Poppe referred to as the present stage the “final simple cycle” and urged buyers to be affected person, keep away from leverage and trip out the volatility. He reiterated his full allocation to altcoins, stressing that “basically nothing has modified.”

“This cycle has confirmed to be utterly totally different from earlier cycles,” he concluded. “If you’re affected person and maintain your place, you’ll be able to nonetheless get nice returns out of your portfolio.”