The analyst says that altcoins turns into a rise after the “longer” bear market, as they are called three factors that lead the encryption pools
Michaël Van de Poppe believes that altcoins is preparing to run the bull after the winter of the extended bear.
Van De Poppe tells his followers 784,800 on the social media platform X that three rear winds pay encryption prices up.
At the top of its list, the financial conditions began to decline around the world, which is what He says Very favorable to assets of risk such as Altcoins and Bitcoin (BTC).
“The liquidity is increasing, and therefore, it is expected that bitcoin will rise …
China has begun to shoot quantitative (quantitative dilution), and Europe has reduced interest rates and we are at the forefront of the United States to reduce interest rates and expand the cash supply (or easily said: starting the BRR printer again).
This is the heavy agent of assets on risk and you are likely to start pushing Bitcoin towards the highest new level ever. ”
After that, Van De Poppe believes that investors who have benefited from the strong gathering of Gold over the past few months will start transporting their capital to encryption after the precious metal printed a local summit at a price of $ 3500 an ounce.
“The markets began to peak in the short term in the short term. I really agree that we are in a thunderbolt market for the origins of risk and that there are some windows that provide windows for momentum on risk.
We are on one edge. This means that a window from 12 to 18 months of assets on risk to do a good job such as the link between the price of strong gold and the decline of altcoins has provided strong data.
Gold has spanned significantly as the data of the relative strength index (the relative power index) has entered into levels that have not been seen since 1980, while ETH has become so deep that it is at the lowest point against Bitcoin on weekly and monthly data. “
Finally, Van De Poppe says that historical data indicates that the percentage of the Chinese yuan and the US dollar abroad is closely related to the value of ETHEREUM versus Bitcoin (ETH/BTC).
According to the trader, CNH/USD printed a major bottom in 2016 and 2019, and during those periods, ETH/BTC and the rest of the carved tournament markets in Altcoin markets before raising huge upside down throats.
Now, Van De Poppe believes that CNH/USD has faded after the “madness of the tariff”, which puts ethereum and altcoins in a position that allows it to see a real bull tour.
“Just like liquidity is the main operator of Bitcoin, this is the appetite for risky and risky risk to Altcoins, which can be provided through plans such as CNH/USD and gold.
Altcoin markets just witnessed the tallest bear market ever, which was four years. It was the tallest previous bear market in 2016, although this was only 2.5 years old …
The total economy tables turn, and I assume that we will see the right gold, the Chinese Renminbi Renminbi to move to the top and altcoins to shoot. ”
At the time of this report, the ETH/BTC pair is traded for 0.01894 BTC with a value of $ 1,798.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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