{"id":604063,"date":"2024-04-19T15:00:31","date_gmt":"2024-04-19T15:00:31","guid":{"rendered":"https:\/\/uniquehot.com\/?p=604063"},"modified":"2024-06-11T07:00:05","modified_gmt":"2024-06-11T07:00:05","slug":"narrative-post-bitcoin-halving","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/narrative-post-bitcoin-halving\/","title":{"rendered":"Crypto Expert Predicts A Narrative Shift Post-Bitcoin Halving"},"content":{"rendered":"
Crypto expert Micha\u00ebl van de Poppe<\/span><\/a> has provided insights into what to expect when the <\/span>Bitcoin halving<\/span><\/a> occurs on April 19. As part of his analysis, van de Poppe suggested that the attention might shift from Bitcoin once the event occurs.\u00a0<\/span><\/p>\n Van de Poppe mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that narratives will change as the halving event approaches but failed to specify what the new narrative will be when this happens. However, in a previous <\/span>X post<\/span><\/a>, the crypto expert laid out some of his expectations for the crypto market going forward, which included what he expected the new narrative to be.\u00a0<\/span><\/p>\n According to Van de Poppe, the narrative will shift to Ethereum (ETH) and projects that are focused on <\/span>Decentralized Physical Infrastructure Networks (DePIN)<\/span><\/a> and Real World Assets (RWA). These sectors, along with Artificial Intelligence (AI) and meme coins, have been <\/span>projected<\/span><\/a> to be among the leading narratives in this bull run.\u00a0<\/span><\/p>\n Meanwhile, the crypto expert, who has so far continued to state that altcoins are greatly undervalued, expects these crypto tokens to bounce \u201cin their Bitcoin pairs\u201d once the hype around the halving is over. Furthermore, Van de Poppe mentioned that altcoins will show bullish strength from this second quarter until the summer after which a correction will come in the third quarter of the year.<\/span><\/p>\n Before now, the crypto expert <\/span>listed ten altcoins<\/span><\/a> he believes could make the most price gains when the <\/span>altcoin season<\/span><\/a> begins in full force. These tokens include Chainlink (LINK), <\/span>Celestia (TIA)<\/span><\/a>, <\/span>Arbitrum (ARB)<\/span><\/a>, <\/span>Polkadot (DOT)<\/span><\/a>, Cosmos (ATOM), DYDX (DYDX), WooNetwork (WOO), <\/span>Sei (SEI)<\/span><\/a>, Skale Network (SKL), and Covalent (CQT).\u00a0<\/span><\/p>\n In the short term, Van de Poppe <\/span>expects<\/span><\/a> Bitcoin to experience a relief bounce to around $70,000. However, he didn\u2019t sound so bullish about the flagship crypto\u2019s long-term trajectory, predicting that Bitcoin will face a <\/span>period of consolidation<\/span><\/a> that he doesn\u2019t <\/span>expect<\/span><\/a> to change in the \u201ccoming months.\u201d<\/span><\/p>\n In another <\/span>X post<\/span><\/a>, he said, \u201cIt\u2019s a waiting game on Bitcoin currently, as momentum is relatively gone.\u201d He added that he expects Bitcoin to continue \u201cthe retracement and consolidation,\u201d while altcoins will bounce up in their BTC pairs during this period.\u00a0<\/span><\/p>\n This predicted consolidation period looks to be the re-accumulation phase in the stages of Bitcoin halving, which crypto analyst Rekt Capital <\/span>once referred to<\/span><\/a>. Elaborating on what this period is like, Rekt Capital <\/span>stated back then<\/span><\/a> that many investors get \u201cshaken out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving.\u201d<\/span><\/p>\n Once this period is over, Bitcoin is expected to make its \u201cparabolic uptrend,\u201d a phase that Rekt Capital noted historically lasts just over a year. In line with this, it is worth noting that most of Bitcoin\u2019s price gains usually come between <\/span>six months to a year<\/span><\/a> after the Bitcoin halving has occurred.\u00a0<\/span><\/p>\n <\/p>\n Crypto expert Micha\u00ebl van de Poppe has provided insights into what to expect when the Bitcoin halving occurs on April 19. As part of his analysis, van de Poppe suggested that the attention might shift from Bitcoin once the event occurs.\u00a0 A Narrative Shift To Occur Post-Halving Van de Poppe mentioned in an X (formerly Twitter) post that narratives will change as the halving event approaches but failed to specify what the new narrative will be when this happens. However, in a previous X post, the crypto expert laid out some of his expectations for the crypto market going forward, which included what he expected the new narrative to be.\u00a0 Related Reading: XRP Whales Are On The Move Again, But Are They Bullish Or Bearish? According to Van de Poppe, the narrative will shift to Ethereum (ETH) and projects that are focused on Decentralized Physical Infrastructure Networks (DePIN) and Real World Assets (RWA). These sectors, along with Artificial Intelligence (AI) and meme coins, have been projected to be among the leading narratives in this bull run.\u00a0 Meanwhile, the crypto expert, who has so far continued to state that altcoins are greatly undervalued, expects these crypto tokens to bounce \u201cin their Bitcoin pairs\u201d once the hype around the halving is over. Furthermore, Van de Poppe mentioned that altcoins will show bullish strength from this second quarter until the summer after which a correction will come in the third quarter of the year. Before now, the crypto expert listed ten altcoins he believes could make the most price gains when the altcoin season begins in full force. These tokens include Chainlink (LINK), Celestia (TIA), Arbitrum (ARB), Polkadot (DOT), Cosmos (ATOM), DYDX (DYDX), WooNetwork (WOO), Sei (SEI), Skale Network (SKL), and Covalent (CQT).\u00a0 Expectations For Bitcoin In the short term, Van de Poppe expects Bitcoin to experience a relief bounce to around $70,000. However, he didn\u2019t sound so bullish about the flagship crypto\u2019s long-term trajectory, predicting that Bitcoin will face a period of consolidation that he doesn\u2019t expect to change in the \u201ccoming months.\u201d In another X post, he said, \u201cIt\u2019s a waiting game on Bitcoin currently, as momentum is relatively gone.\u201d He added that he expects Bitcoin to continue \u201cthe retracement and consolidation,\u201d while altcoins will bounce up in their BTC pairs during this period.\u00a0 Related Reading: Crypto Analyst Predicts Cardano Rally To $3 As Price Reaches \u2018Ultimate Support Test\u2019 This predicted consolidation period looks to be the re-accumulation phase in the stages of Bitcoin halving, which crypto analyst Rekt Capital once referred to. Elaborating on what this period is like, Rekt Capital stated back then that many investors get \u201cshaken out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving.\u201d Once this period is over, Bitcoin is expected to make its \u201cparabolic uptrend,\u201d a phase that Rekt Capital noted historically lasts just over a year. In line with this, it is worth noting that most of Bitcoin\u2019s price gains usually come between six months to a year after the Bitcoin halving has occurred.\u00a0 BTC price shows bullish momentum ahead of halving | Source: BTCUSD on Tradingview.com Featured image from Yahoo Finance, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":604073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,8856,656,679,1119,89185,1122,1144,78790,8080],"class_list":["post-604063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-halving","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-halving"],"acf":[],"yoast_head":"\nA Narrative Shift To Occur Post-Halving<\/h2>\n
Expectations For Bitcoin<\/h2>\n
BTC price shows bullish momentum ahead of halving | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n