Compass Investments

According to van de Poppe, a feature of this cycle is the presence of bitcoin exchange-traded funds (ETFs), which have created a new structural support for BTC. In past cycles, bitcoin has traded well below past peaks during altcoin declines.

ow bitcoin is holding above its previous highs, often trading above $100,000.

This newfound resilience, he believes, has confused the market, leading participants to believe that growth has peaked, when in fact bitcoin has not yet entered its true upward phase.

Van de Poppe also disagrees with the view that the cryptocurrency is still following the classic four-year halving cycle. In his judgment, the cycle has transformed:

If the decline of altcoins has been as pronounced as the chart shows, he suggests that the next phase of growth could be much larger, which corresponds to the broader contour of the current macrocycle.

Opportunities are everywhere, it’s just that people don’t see them.

Van de Poppe believes that today’s market represents one of the most powerful asymmetric opportunities in the history of cryptoassets.

The combination of low altcoin prices, a shift in the macroeconomy, and the fact that the bitcoin cycle has not yet reached its true expansionary stage form what he believes is a once-in-a-lifetime opportunity for most people.

He commends TechDev for the visualization, calling it the clearest representation of the cryptocurrency’s current position in the cycle.