According to Michaël van de Poppe (@CryptoMichNL), Bitcoin reached a new all-time high today, followed by an immediate sell-off as traders took profits at this key resistance level (source: Twitter, May 21, 2025). This behavior is typical around all-time highs, often leading to a period of consolidation. Van de Poppe notes that after this consolidation, a renewed rally is likely, with altcoins expected to substantially outperform Bitcoin, providing potential trading opportunities in the altcoin market.

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin has reached $106,000, marking a significant milestone for the leading cryptocurrency. At the same time, altcoins are outperforming Bitcoin, indicating a strong rotation of capital into alternative crypto assets. This trend highlights increased risk appetite among traders, suggesting that market participants are seeking higher returns outside of Bitcoin. For traders, monitoring altcoin pairs and sector leaders is crucial, as current momentum may lead to further outperformance in select altcoins. Source: Twitter/@CryptoMichNL, May 20, 2025.

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin is approaching the significant $100,000 milestone while the broader crypto markets experience a strong rebound, with altcoins outperforming Bitcoin in terms of percentage gains (source: Twitter, May 8, 2025). This trend indicates increased risk appetite among traders, suggesting opportunities for short-term profits in high-cap altcoins and potential reallocation of portfolios. Traders should monitor volume spikes and price action in leading altcoins as these may signal further market momentum and possible breakout opportunities.