Crypto analyst Michaël van de Poppe believes the altcoin market is standing at the edge of a major bullish reversal. Sharing a chart comparing the Altcoin Market Cap vs. Bitcoin (BTC), he noted that the setup mirrors conditions last seen in early 2020, right before the start of a historic crypto rally.
According to van de Poppe, the MACD indicator on the monthly timeframe is “about to cross,” signaling a potential end to what he describes as the longest bear market in altcoin history.
“People are fed up with it,” he said, but added that capitulating now could be a mistake: “Selling now is the dumbest decision ever as we’re about to turn upwards on all indicators.”
The chart highlights that the recent correction resembles the final shakeouts seen during the FTX collapse and the COVID-19 crash, both of which preceded strong recovery phases. The MACD pattern also aligns closely with that of Q1–Q2 2020, when altcoins entered an explosive multi-year bull market.
Van de Poppe emphasized that the current consolidation likely represents the final phase before a cyclical shift, suggesting that altcoins could soon outperform Bitcoin as the next leg of the market cycle unfolds.
“Every signal points to the same conclusion,” he wrote. “The altcoin market is about to awaken.”