Who is Van de Poppe and how high does he see Bitcoin go this cycle?

Van de Poppe, a renowned crypto analyst and trader, disseminates his insights and forecasts across multiple platforms, including YouTube, Twitter, and TradingView. Notably, he is the founder of the Amsterdam Stock Exchange, a platform dedicated to educating and mentoring individuals in crypto trading.

For beginners, the abovementioned video is excellent
for tipping your feet into the crypto crocodile pit.

He also writes articles for Cointelegraph, a leading source of news and information on blockchain technology and digital currencies. He is based in Amsterdam, Netherlands, and has over 400,000 followers on Twitter. He is known for his technical analysis and market insights on various cryptocurrencies, such as Bitcoin, Ethereum, Cardano, Polkadot, etc. He also offers educational courses, trading signals, and coaching services on his website.
Follow him on Twitter.
In his recent analysis, Van de Poppe projects a potentially explosive growth of 961% for Bitcoin from its current value, potentially soaring as high as $400,000 in the current bull cycle. This forecast is rooted in his examination of past bull market cycles and the principle of diminishing returns. Furthermore, he anticipates Ethereum to surpass Bitcoin in performance, with altcoins also demonstrating strong potential throughout 2024. Van de Poppe attributes this anticipated surge in prices to factors such as the influx of new participants into the crypto market, the potential approval of Bitcoin and Ethereum ETFs, and the historical trends observed in Bitcoin's performance.

Let's take a deep dive into Michael's head and see what he predicts going forward on several subjects.

Diminishing returns.
This topic has been widely debated recently, suggesting that this market cycle may see a lower peak due to diminishing returns observed in previous bull cycles. Diminishing returns imply that the percentage gain at each peak is decreasing over time. However, there are concerns regarding this theory:

• While diminishing returns could result in a potential return of 1,900%, equivalent to a peak of $300,000 in this cycle, it's questioned why this theory should be the focus and what validity it holds.
• Contrary to the theory of diminishing returns, technological stocks have seen significant growth post-2008, suggesting that Bitcoin's technological advancements could attract substantial cash flow, weakening the theory.
• Speculation arises about whether the previous cycle was artificially halted by market forces, potentially leading to a higher peak beyond the $69,000 mark.

In conclusion, the notion of constant diminishing returns is flawed, and there is potential to debunk this theory as the crypto market progresses.
The Four-Year-Cycle.
This concept highlights the historical movement of markets in previous cycles, particularly regarding the influence of supply and demand dynamics on Bitcoin's price action. While these dynamics previously played a significant role, the current macroeconomic landscape is poised to exert greater influence. Factors such as the influx of new market participants and their differing investment considerations contribute to this shift.
The impending halving event is expected to have a notable impact on the markets, albeit discussed briefly. However, the halving's influence on market cycles may be diminished as the cost of mining a Bitcoin and its market value diverge significantly, allowing other factors to take precedence.
Currently, it's speculated that the ongoing cycle may mark the final "four-year cycle," making it challenging to surpass the upcoming all-time high in subsequent years.
The recent US spot Bitcoin EFTs impact.
This is where the narrative takes an intriguing turn. The recent approval of the Spot Bitcoin ETF has the potential to significantly impact the markets, yet its full effect remains largely underestimated. Initial weeks saw considerable interest, with billions flowing into ETFs.
Of greater significance is the potential for Bitcoin to serve as a hedge against the US dollar, prompting institutions to adopt investment strategies involving Bitcoin. This development has fueled a bull cycle anticipated to be unprecedented for a considerable duration. In essence, the ETF marks the culmination of an "easy bubble" that won't be replicated for quite some time.
Where are we heading?
Bitcoin's journey toward global acceptance and perceived safety is propelled by institutions seeking refuge from their financial systems. The existence of Bitcoin wouldn't be a focal point if traditional financial systems were perceived as fair and ethical.
Inflation risks in developing countries, coupled with concerns about US debt levels and potential financial system failures, are driving institutions towards Bitcoin and Gold. The fixed supply theory and Bitcoin halving bolster the appeal of these assets as safe havens.
The influx of institutional investors marks a pivotal shift in the market, reminiscent of the dot-com bubble era. This cycle is expected to see significant price surges, driven by liquidity dynamics and likely sustained until 2026 or 2027.
While predictions about peak prices vary, it's advised to focus on accumulating Bitcoin during this bull cycle, converting to cash temporarily during liquidity crashes, and reinvesting in Bitcoin after significant price drops. The ultimate measure of success is not in USD valuation but in preserving purchasing power.

Conclusion.

To gain insight into today's financial markets from a macroeconomic and political perspective, it's crucial to follow individuals who can provide well-informed analyses. Van de Poppe stands out as one of those key figures worth following.