{"id":265214,"date":"2024-03-15T02:47:49","date_gmt":"2024-03-14T21:17:49","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=265214"},"modified":"2024-03-15T02:47:49","modified_gmt":"2024-03-14T21:17:49","slug":"analyst-does-a-deep-dive-into-bitcoins-dominance-sees-golden-opportunity-for-altcoins-to-flourish-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/analyst-does-a-deep-dive-into-bitcoins-dominance-sees-golden-opportunity-for-altcoins-to-flourish-crypto-news\/","title":{"rendered":"Analyst Does a Deep Dive Into Bitcoin\u2019s Dominance, Sees \u2018Golden\u2019 Opportunity for Altcoins To Flourish &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A widely followed crypto analyst is diving into Bitcoin\u2019s (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\">BTC<\/a>) latest rally and what it could mean for the altcoin markets.<\/p>\n<p>Crypto trader Micha\u00ebl van de Poppe\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1768030001210032597\">tells<\/a>\u00a0his 702,100 followers on the social media platform X that BTC\u2019s pre-halving rally is right on schedule.<\/p>\n<p><em>\u201cBitcoin dominance continues the rally.<\/em><\/p>\n<p><em>To date, the pre-halving rally is still rock solid.\u00a0<\/em><\/p>\n<p><em>The question is, are we going to peak pre-halving? If so, it would be the signal for Altcoins to flourish.<\/em><\/p>\n<p><em>What do we want to see?<\/em><\/p>\n<p><em>We\u2019d like to see them bounce in their BTC pairs.\u201d<\/em><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>The BTC halving refers to the quadrennial pre-programmed event where BTC mining rewards are cut in half. The next Bitcoin halving is expected for next month.<\/p>\n<p>According to the analyst, with BTC up 6.2% in the last seven days, he\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1768209432414974049\">expects<\/a>\u00a0the king crypto could consolidate soon.<\/p>\n<p><em>\u201cBitcoin continues the momentum, as the inflow remains to be super positive.\u00a0<\/em><\/p>\n<p><em>I\u2019d personally be favoring some \u2018consolidation\u2019, and given the overextended technical view, I suggest we\u2019ll still be getting it.\u201d<\/em><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190710 size-full\" src=\"https:\/\/pbs.twimg.com\/media\/GInxGwtWkAAZjOl?format=png&amp;name=large\" alt=\"\" width=\"1063\" height=\"499\" \/><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>According to Van de Poppe, a BTC correction could be \u201c<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1768239422762299856\">golden<\/a>\u201d for altcoins.<\/p>\n<p><em>\u201cPure technical framework for Bitcoin.\u00a0<\/em><\/p>\n<p><em>\u2013 Lower volume on the rally.<\/em><\/p>\n<p><em>\u2013 Bearish divergence applied.<\/em><\/p>\n<p><em>Nothing is confirmed, yet, but after this extremely positive run, it\u2019s potentially likely that we\u2019re going to have a correction.<\/em><\/p>\n<p><em>That would be golden for Altcoins.\u201d<\/em><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-190710 size-full\" src=\"https:\/\/pbs.twimg.com\/media\/GIoMYd-WMAAX1xK?format=png&amp;name=large\" alt=\"\" width=\"1063\" height=\"499\" \/><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>BTC is worth $71,065 at time of writing.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Featured Image: Shutterstock\/diversepixel\/SergZSV.ZP<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto analyst is diving into Bitcoin\u2019s (BTC) latest rally and what it could mean for the altcoin markets. Crypto trader Micha\u00ebl van de Poppe\u00a0tells\u00a0his 702,100 followers on the social media platform X that BTC\u2019s pre-halving rally is right on schedule. \u201cBitcoin dominance continues the rally. To date, the pre-halving rally is still [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":130653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-265214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=265214"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265214\/revisions"}],"predecessor-version":[{"id":265216,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265214\/revisions\/265216"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/130653"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=265214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=265214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=265214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}