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June Signal Flashing: Analyst Sees Explosive Altcoin Surge Ahead

According to analyst Michaël van de Poppe, the Altcoin Season Index is flashing a familiar signal, a sign that a major alt season may be around the corner. For the past 5 years, the index has bottomed in June, which is followed by strong altcoin rallies in the second half of the year. With the market in a bull phase and QE beginning to ease, we could see a stronger altcoin rally than what we saw in Q4 2023. With money supply rising and rate cuts likely, he sees BTC hitting $150K in Q3, $250K in Q4, and altcoins leading the charge.

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