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Famous analyst Michaël van de Poppe shared his price views on Bitcoin and altcoins in his recent statements. Cryptocurrency analyst Michaël van de Poppe, in his statement expressing his thoughts on Bitcoin and the general cryptocurrency market, referred to the European Central Bank's article in which he claimed that Bitcoin has failed as a global decentralized digital currency. Van de Poppe stated that these statements stemmed from the institution's fear of BTC.

He also reminded that the Euro has lost 30% of its purchasing power in the last 24 years, and suggested that people are running away from the Euro and taking refuge in Bitcoin. The analyst also touched on the altcoin market. Emphasizing that the total market value of cryptocurrencies other than Bitcoin and Ethereum is still 50% lower than the all-time high, van de Poppe stated that these assets still carry momentum potential. He also pointed to the second quarter of 2024 for this potential.

Michaël van de Poppe also published an analysis of the Bitcoin price before the halving. According to the analyst, before this event, the price of Bitcoin was predicted to see a peak between $54,000 and $58,000. He also claimed that the current institutional cycle will push Bitcoin into a major adaptation wave, and price levels between $300,000 and $600,000 per BTC could be seen.