In a recent post, van de Poppe noted that while Bitcoin has made a strong move higher, the next phase […]
The post Top Analyst Warns Bitcoin May Cool Off as Altcoins Gain Strength appeared first on Coindoo.
In a recent post, van de Poppe noted that while Bitcoin has made a strong move higher, the next phase of the trend is likely to shift focus away from the leading cryptocurrency.
“The trend is clear,” he stated, “but the momentum is now tilting in favor of altcoins.” His remarks come alongside a chart analysis showing a sharp rally in Bitcoin, reaching what appears to be a local top, with technical indicators pointing to a potential cool-off period.
-----Cryptonews AD----->>>
Van de Poppe believes this marks the beginning of a favorable period for altcoin traders, encouraging investors to take advantage of potential dips. “Buy the dip season!” he wrote, hinting at growing opportunities in the broader crypto market.
The chart he shared illustrates key breakout levels and past consolidation zones, reinforcing the idea that Bitcoin’s surge could transition into a broader market rotation.
With Bitcoin’s dominance possibly stalling, many traders are now watching for a shift in capital toward smaller-cap digital assets that may outperform in the short term.
The post Top Analyst Warns Bitcoin May Cool Off as Altcoins Gain Strength appeared first on Coindoo.
Source: https://coindoo.com/market/top-analyst-warns-bitcoin-may-cool-off-as-altcoins-gain-strength/
[ajax_load_more]
