Bitcoin, Altcoin Outlook Remains Positive, Says Defiant Trader Who's 45% Down On His Investments

Despite the current market uncertainty, prominent crypto trader Michaël van de Poppe remains highly optimistic about Bitcoin BTC/USD and altcoins.

What Happened: Van de Poppe argued on X on Monday that while sentiment feels low, market bottoms present the best buying opportunities, adding that this bull cycle is more complex than previous ones.

He pointed to several factors influencing subpar returns:

• The traditional 4-year Bitcoin cycle is no longer intact, largely due to Bitcoin ETF approvals, which accelerated new all-time highs.
• Liquidity cycles remain critical markets are shifting from a tight financial environment to potential quantitative easing in the U.S. and China, which historically fuels bullish momentum.
• Donald Trump's 2024 victory initially fueled expectations for a rapid crypto bull run, but his approach has been different from his first term, causing confusion. Despite this, the bull market is still likely—it's just playing out differently.

Rather than focusing on time-based cycles, Van de Poppe suggests traders watch price action and liquidity flows.

He compares this phase to December 2020 before a major uptrend began.

Van de Poppe noted he is currently down ~45% on his altcoin holdings, but given historically low valuations, he sees this as reasonable and an opportunity to accumulate.

Also Read: How Bitcoin, Ethereum Have Outperformed The S&P 500 Since 2020: Report

What's Next: Nick Puckrin, founder of The Coin Bureau, noted that Bitcoin's correlation with altcoins is weakening.

While some altcoins still move in sync with BTC, others are decoupling.

Puckrin suggests focusing on altcoins with strong correlations to Bitcoin, as not all will follow BTC's uptrend.

The correlation between Bitcoin & many altcoins is starting to break down.

Some still remain positive but others are decoupling.

Translation: If Bitcoin eventually continues its upward March, don't expect it to drag all alts with it.

Focus on this with stronger correlation. pic.twitter.com/Co0pcJuagv

— Nic (@nicrypto) March 17, 2025

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