Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Michaël van de Poppe – Here’s the Timeline
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](https://img.bgstatic.com/multiLang/image/social/4d98fac4b360c97db9196a23abebdffa1738878271850.jpeg)
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](https://img.bgstatic.com/multiLang/image/social/019754883a5ddf45b16f26f28fa397721738878271912.jpeg)
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](https://img.bgstatic.com/multiLang/image/social/b03c954b3da47d90d524d0933a15f6bb1738878271968.jpeg)
Wormhole is trading at 0.00000182 BTC ($0.179) at time of writing.
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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.
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