A widely followed crypto analyst says the collective altcoin market cap will rise much higher than most traders expect.<\/p>\n
Micha\u00ebl van de Poppe tells<\/a> his 692,800 followers on the social media platform X that altcoins are going to reach unimaginable new all-time highs.<\/p>\n \u201cPeople are wondering, are altcoins going to break their all-time high?<\/em><\/p>\n The same question was asked in 2020.\u00a0<\/em><\/p>\n Answer:<\/em><\/p>\n Looking at the top altcoin by market cap Ethereum (ETH<\/a>), Van de Poppe\u00a0says<\/a>\u00a0that ETH is in a \u2018waiting game\u2019 till its next big move up.<\/p>\n \u201cWaiting game until Ethereum starts to pick up pace.\u00a0<\/em><\/p>\n Flipped the $2,150 level for support, currently waiting for a breakout for continuation to $3,500.\u201d<\/em><\/p>\n ETH is worth $2,560 at time of writing, up 11.3% in the last week.<\/p>\n Looking at the top crypt asset by market cap, Bitcoin (BTC<\/a>), the analyst\u00a0says<\/a> BTC is facing resistance, noting that he\u2019s unsure where the crypto king will head after reaching the $50,000 level in a week or two.<\/p>\n \u201cBitcoin looking at the resistance.<\/em><\/p>\n Massive weekly candle, through which Bitcoin is back above $48,000.<\/em><\/p>\n I\u2019m personally interested in what price will do around $50,000 in the upcoming 1-2 weeks.\u201d<\/em><\/p>\n BTC is worth $49,737 at time of writing, up 16.5% in the last week.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>\n
\n
\nCheck Price Action<\/a><\/span><\/em>
\n
\nFollow us on Twitter<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>
\n
\nSurf The Daily Hodl Mix<\/a><\/span><\/em>
\n<\/p>\n
![\"\"](\"https:\/\/pbs.twimg.com\/media\/GGHqim9WoAATLfY?format=png&name=large\")
![](\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\")
<\/p>\n