A general consequence analyst believes that crypto is prepared to replicate a bubble witnessed in the late 1990s, triggered by an increase in the internet adoption.
Trader Michaël van de Poppe tells His 785,900 followers on the social media platform X that he is extremely hooked in the crypto market when mainstream institutional actors begin to embrace the asset class.
According to Van de Poppe, conditions in the crypto market are reminiscent of the Dot-Com era, when technical and web-based companies saw their valuation Skyrocket when investors stacked in and became exaggerated in that growth sector.
“Everything I know:
This is the bike where everything will be ballistic.
Taller than ever.
The Dot-Com bubble type of bicycle for crypto, where there is a lot of liquidity flowing into this asset class and a lot of adoption.
It is basically the only asset class that significantly exceeds everything. “
The Dot-Com bubble exploded in 2000 and destroyed $ 5 trillion in wealth and runs thousands of companies to bankruptcy.
An Altcoin on the trader’s radar for a potential repetition of the Dot-Com bubble is payments Altcoin XRP. Van de Poppe predict that the coin comes close to its All-Time High (ATH) at $ 3.40.
“When things become completely vertical, the moment you want to zoom out and get the higher time frame’s entrance points.
The same was applied for XRP.
Marked the level around $ 1.75 as an important for entries and it has increased by 50% ago.
I guess we’ll attack ATHS soon. “
The merchant is also Hausse on Solana (Solar) Rival sex (BE). Van de Poppe predict That Sei will collect as much as 169% from current levels.
“The fact is that break and turn and the next goal is $ 0.30.
I think Sei will trends up much more.
The first stop is $ 0.30, after that a small correction for people to jump into the supply and then we continue towards the range $ 0.50-0.70.“
At the time of writing, Sei is worth $ 0.26.
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