Crypto Expert Predicts Narrative Shift After Bitcoin Halving

bitcoin-150000-40-correction/” rel=”nofollow”>Cryptography expert Michaël van de Poppe has provided information on what to expect when bitcoin-bull-market-glassnode/” rel=”nofollow”>Halving bitcoin It happens on April 19. As part of his analysis, van de Poppe suggested that attention could shift away from bitcoin once the event occurs.

A narrative change will occur after the halving

Van de Poppe mentioned in an x (formerly twitter) x.com/CryptoMichNL/status/1781000487480758385″ rel=”nofollow”>mail that the narratives will change as the halving event approaches, but did not specify what the new narrative will be when this happens. However, in a previous x.com/CryptoMichNL/status/1780672576962035732″ rel=”nofollow”>x publicationThe crypto expert laid out some of his expectations for the future of the crypto market, which included what he hoped the new narrative would be.

According to Van de Poppe, the narrative will shift to ethereum (eth) and projects focused on Decentralized Physical Infrastructure Networks (DePIN) and Real World Assets (RWA). These sectors, along with artificial intelligence (ai) and meme currencies, have been projected be among the main narratives in this bull run.

Meanwhile, the crypto expert, who has so far continued to claim that altcoins are highly undervalued, expects these crypto tokens to bounce “off their bitcoin peers” once the hype around the halving ends. Furthermore, Van de Poppe mentioned that altcoins will show bullish strength from this second quarter until the summer, after which a correction will occur in the third quarter of the year.

Until now, the crypto expert lists ten altcoins you think you could make the biggest price gain when the altcoin season starts with full force. These tokens include Chainlink (LINK), Celestia (TIA), Arbitration (ARB), Polka dots (POINT)Cosmos (ATOM), DYDX (DYDX), WooNetwork (WOO), crypto-token-scam-accusations-explored/” rel=”nofollow”>six six)

Expectations for bitcoin

In the short term, Van de Poppe x.com/CryptoMichNL/status/1781000487480758385″ rel=”nofollow”>wait bitcoin will see a relief bounce to around $70,000. However, he was not as optimistic about the long-term trajectory of the flagship cryptocurrency, predicting that bitcoin will face a bitcoin-accumulation-strong-amidst-consolidation/” rel=”nofollow”>consolidation period That he does not x.com/CryptoMichNL/status/1780925678898070002″ rel=”nofollow”>wait change in the “coming months”.

In other x.com/CryptoMichNL/status/1780626774935715853″ rel=”nofollow”>x publicationHe said, “It is currently a waiting game in bitcoin as the momentum has relatively disappeared.” He added that he expects bitcoin to continue “the pullback and consolidation,” while altcoins will bounce off their btc peers during this period.

This expected consolidation period appears to be the reaccumulation phase in bitcoin's halving stages, according to crypto analyst Rekt Capital. once referred. Going deeper into what this period is like, Rekt Capital twitter.com/rektcapital/status/1769656725341163692?s=20″ rel=”nofollow”>said back then that many investors are “shaken at this stage due to boredom, impatience and disappointment over the lack of significant results on their btc investment immediately after the halving.”

Once this period is over, bitcoin is expected to make its “parabolic uptrend,” a phase that, according to Rekt Capital, historically lasts just over a year. In line with this, it is worth noting that the majority of bitcoin price gains typically occur between six months to a year after the bitcoin halving has occurred.

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btc price shows bullish momentum ahead of halving | Source: BTCUSD on Tradingview.com

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