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Is the Altcoin Market Really Dead — Or Just Waiting for Its Moment?
Is the Altcoin Market Really Dead — Or Just Waiting for Its Moment?
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BTCCSquare news:
Altcoin prices have plummeted over 80% from their highs this year, defying expectations of a rally. crypto analyst Michael van de Poppe suggests this downturn may mirror past cycles—like 2016 and 2019—where altcoins bottomed before explosive recoveries. "This cycle isn’t following historical patterns," he notes, comparing the current slump to late 2019 or 2020, pivotal moments preceding major rallies.
Van de Poppe’s analysis challenges the narrative of a dead market, framing the bleed as a potential prelude to resurgence. The absence of reversals has tested investor patience, but historical parallels hint at latent opportunity. "The question isn’t whether altcoins are dead," he implies, "but whether this is the calm before the storm."
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