Crypto analyst Michaël van de Poppe says he’s preparing for a major altcoin bull run.
The popular trader tells his 89,000 Twitter followers that he’s shifting part of his crypto portfolio to altcoins in anticipation of a broad market rally early next year.
Van de Poppe says he’s expecting BTC to range and potentially encounter a small correction in the near-term. In that case, he expects Ethereum will also encounter one more pullback to the $450 to $490 range.
The analyst notes that XRP is also well below its all-time high.
He’s expecting the digital asset to move sideways until his forecast for the next altcoin rally comes through in the first quarter of 2021.