Is This the Perfect Time to Buy Altcoins? Analyst Predicts Major Reversal Ahead!

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Altcoins in “End Stage” Bear Market? Analyst Michaël van de Poppe Turns Bullish

Altcoin markets are still struggling, and the numbers confirm this. The CoinMarketCap Altcoin Season Index is at 37 out of 100, which means Bitcoin is dominating. This index was at 34 just last week and 53 a month ago, demonstrating a clear loss of upward movement. Compared to a peak of 78 earlier this year, it’s evident we’re not seeing a period where altcoins are leading the way – most are still performing worse than Bitcoin.

Michaël van de Poppe believes this is a typical situation where prices start to rise again, and he’s particularly optimistic about the future of altcoins.

“This Is the End Stage, Not the Beginning”

According to him, the worst of the downturn for altcoins actually happened in 2025. He believes we’re nearing the end of the bear market, not the beginning, pointing out that the majority of these alternative cryptocurrencies have lost over 90% of their value.

Although the recent price decrease was expected given how high valuations had become, he now believes prices are too low. He stated that the potential for growth in altcoins is currently being underestimated, indicating he’s optimistic about their prospects at these prices.

On Bitcoin, he’s more neutral-to-bullish, suggesting the downside is likely done. 

He believes the Bitcoin bear market has likely reached its lowest point, suggesting prices probably won’t fall much further.

Macro and Sentiment Starting to Align

He also noted broader market trends. When gold and oil prices are stable, it usually benefits investments like stocks, which tend to drive the market. He explained this often plays out as increasing confidence when Nasdaq volatility rises, leading to gains in Bitcoin, and then in other cryptocurrencies (altcoins).

Overall feeling, or ‘sentiment,’ is also important. He noted that interest in altcoins is currently very low, saying this is typical when smart investors are quietly buying up assets – not a reason to be worried.

Why Altcoins Didn’t Run Earlier

Benjamin Cowen explains why altcoins haven’t performed well recently. He believes a true “altcoin season” didn’t happen because Bitcoin reached its peak without generating much excitement. In the past, during 2017 and 2021, Bitcoin’s peaks were fueled by strong public enthusiasm – what Cowen calls “euphoria” – which then drove money into altcoins and caused them to surge in value.

Altcoins haven’t seen significant growth because there hasn’t been much enthusiasm from regular investors. As one observer noted, when interest fades, there’s no one left to buy them, leading to limited trading activity and increased caution in the broader financial markets.

What Comes Next

According to Van de Poppe, the market conditions are shifting. He believes Bitcoin has likely reached its lowest price for this cycle, and other cryptocurrencies, or ‘altcoins,’ are expected to start rising soon after.

“Bitcoin has bottomed… altcoins are violently following… the right time to accumulate is now.”

Basically, the data shows us why alternative cryptocurrencies haven’t been performing as well, but they could start to gain traction if the market changes direction.

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2026-04-18 10:40