Could April Trigger Altcoin Season? Van de Poppe Links ETH Strength to Gold Dip
- Gold’s momentum could stall, triggering a shift in investor appetite toward Altcoins.
- Analysts suggest Ethereum may start outperforming Bitcoin if Gold corrects.
- Crypto markets eye macroeconomic signals as traders reposition for Q2.
Gold smashed through the $3,100 mark recently; however, some analysts believe this rally could signal the start of a significant market shift, not just further gains for the metal itself. Market expert Michael van de Poppe suggests Ethereum (ETH) could outperform Bitcoin (BTC) if Gold pulls back sometime in April.
This prediction may sound ambitious, considering ETH’s recently lagging price momentum. Yet it is not entirely unfounded based on historical market patterns. When a major safe-haven asset like Gold rallies aggressively for an extended period, a price correction often follows eventually.
How Could a Gold Pullback Boost Ethereum?
In such a scenario, where demand for traditional hedges shrinks, investors may begin pushing liquidity back into riskier assets like Ethereum, fueling the next major crypto breakout.
Such a capital rotation could also…
The post Could April Trigger Altcoin Season? Van de Poppe Links ETH Strength to Gold Dip appeared first on Coin Edition.
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Could April Trigger Altcoin Season? Van de Poppe Links ETH Strength to Gold Dip
- Gold’s momentum could stall, triggering a shift in investor appetite toward Altcoins.
- Analysts suggest Ethereum may start outperforming Bitcoin if Gold corrects.
- Crypto markets eye macroeconomic signals as traders reposition for Q2.
Gold smashed through the $3,100 mark recently; however, some analysts believe this rally could signal the start of a significant market shift, not just further gains for the metal itself. Market expert Michael van de Poppe suggests Ethereum (ETH) could outperform Bitcoin (BTC) if Gold pulls back sometime in April.
This prediction may sound ambitious, considering ETH’s recently lagging price momentum. Yet it is not entirely unfounded based on historical market patterns. When a major safe-haven asset like Gold rallies aggressively for an extended period, a price correction often follows eventually.
How Could a Gold Pullback Boost Ethereum?
In such a scenario, where demand for traditional hedges shrinks, investors may begin pushing liquidity back into riskier assets like Ethereum, fueling the next major crypto breakout.
Such a capital rotation could also…
The post Could April Trigger Altcoin Season? Van de Poppe Links ETH Strength to Gold Dip appeared first on Coin Edition.
Читать больше