Crypto Analyst Michaël van de Poppe Urges Investors to Hold Their Crypto Assets, Emphasizing That Bitcoin (BTC) Is Fairly Valued While Altcoins Remain Heavily Undervalued

Van de Poppe highlighted on Wednesday on Twitter (X) that the crypto market is currently experiencing one of the most extreme bearish sentiments in its history, following a prolonged period of capitulation.

Renowned crypto analyst Michaёl van de Poppe is urging investors to hold on to their crypto assets, stating that Bitcoin (CRYPTO: BTC) is fairly valued at present while altcoins remain heavily undervalued.

Here's what's cooking in crypto land:

Analyst Tips: Van de Poppe highlighted on Wednesday on Yahoo Finance that the crypto market is currently experiencing one of the most extreme bearish sentiments in its history, following a prolonged period of capitulation.

Many altcoin investors have been underwater for the past 6-12 months, but he believes the narrative is now shifting toward the conclusion of the bear market.

Despite the market skepticism, Bitcoin breaking past $150,000 is a realistic scenario, with many people underestimating the potential for exponential growth.

The fear of diminishing returns, a mindset that is shaped by previous bear markets, has caused many to doubt Bitcoin's long-term upside. However, there are strong bullish tailwinds, particularly relating to government adoption of Bitcoin, such as:

Analyst Compares Past Market Booms: Van de Poppe draws comparisons to past market booms, such as the Dotcom bubble (1995-1999) and the 2017 crypto cycle, where Bitcoin hit $20,000 and Ethereum (CRYPTO: ETH) peaked at $1,400.

This time, he predicts a longer, more extended bull cycle that could propel BTC to $300,000-$500,000 this year, with a potential $1 million target in the coming years.

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What's Next: As the global macro landscape shifts, especially with China's evolving policies, altcoins are poised for significant growth.

Van de Poppe argues that the market remains deeply undervalued, and many traders stuck in "bear market PTSD" risk missing out on what could be the final, massive bull run of this cycle.

Moreover, decentralized finance (DeFi) is becoming more integrated with traditional banking, with financial institutions using DeFi platforms to offer higher yields.

This could further accelerate mainstream crypto adoption.