According to cryptocurrency analyst Michaël van de Poppe, we’ve just generated a major bullish signal. Solidity founder Heve sell altcoins have a huge run against Bitcoin pretty soon after a long period of being in the dog house. According to Van de Poppe, altcoins would be able to recover all of those dips within months. His analysis provides a brief ray of sunshine for investors in these other alt-coins.

Lastly, the altcoin market capitalization dominated Bitcoin’s chart is flashing bullish signs, according to Van de Poppe. This indicates a broader move away from BTC and a shift in momentum towards altcoins. The CMC Altcoin Season Index is currently at 39/100, a testament to Bitcoin’s recent performance.

The CMC Altcoin Season Index tracks the performance of the top 100 altcoins’ performance against Bitcoin. Its narrow focus on data from the past 90 days is problematic. A lower score means that Bitcoin has, in fact, outperformed nearly every alternative cryptocurrency in this short timeframe. Coins such as Ethereum, Dogecoin, Solana, and others have all lagged behind Bitcoin over the last 90 days.

At the moment Bitcoin is trading at around $103,023 and market cap is roughly $2.04 trillion. Despite Bitcoin’s runaway success over the past few years, there have been various altcoins that surprised everyone with extreme growth. Four (FORM) has made incredible runs of more than 480% in only 90 days. This serves as a prime example of the potential of individual altcoins to yield massive gains.

"The bull market is the biggest reward of 4 years suffering. Within a window of a few months, your Altcoins can erase all the losses." - Michaël van de Poppe

Van de Poppe argues that getting positioned strategically in altcoins early in a market rotation can be highly profitable.

"All I’ve learned from previous cycles is that if the markets start a rotation, it’s going to be a fast move on those Altcoins and you’ll be questioning yourself whether it’s a real or a fake move. That’s why I fancy being positioned early." - Michaël van de Poppe