Cryptocurrency trader and analyst Michaёl van de Poppe is making a bold move in the current market cycle, placing his bets entirely on altcoins. He believes the upcoming months will be particularly favorable for these cryptocurrencies, driven by an increase in global liquidity from both China and potentially the United States. Van de Poppe expects Bitcoin (BTC) to reach a price of $90,000-$100,000 by the end of the year, a move he believes will boost confidence in the altcoin market.
His strategy involves a portfolio of eight altcoins, divided into two groups: four larger, established altcoins and four smaller, higher-risk tokens. The larger holdings include Optimism (OP), an Ethereum layer-2 solution; Celestia (TIA), a Modular blockchain infrastructure; Bittensor (TAO), an AI-focused blockchain; and Ethereum Name Service (ENS), the domain name service for Ethereum. Meanwhile, the smaller holdings consist of Renzo (REN), a liquid staking protocol; Omni Protocol (OMNI), another liquid staking solution; Rocket Pool (RPL), a decentralized Ethereum staking platform; and Dydx (DYDX), a decentralized exchange.
Van de Poppe is upfront about the high-risk nature of his strategy, stating, “I wouldn’t advise doing that but in my portfolio, I’ve got four large altcoins and four smaller altcoins.” He plans to actively swing trade these positions, aiming for substantial gains of 100-500% before taking profits.
Looking ahead, Van de Poppe is optimistic about the cryptocurrency market: “My prediction for the upcoming years for the cryptocurrency markets is that we’re going to the Moon.” He expects his portfolio to potentially achieve a 10x return in the next six months, although he plans to rotate into newer coins and more risk-averse assets as the market cycle progresses.
While Van de Poppe’s all-in altcoin approach is undeniably risky, his insights offer a glimpse into how some experienced traders are positioning themselves for what they believe could be a significant bull run in the crypto markets.
