Michaël van de Poppe: Altcoin Portfolio Hits $205K High
Michaël van de Poppe states his altcoin portfolio reached a new yearly high of $205,000 after two years of losses, with profits taken on W and NEAR while building cash ahead of further bull market moves.
SourceAnalysis
Michaël van de Poppe reported his altcoin portfolio returning to profit this week with a new yearly high of $205,000, marking the end of two years of drawdowns as the broader market shows early bull signals.
The trader scaled out of $NEAR, took profit on $W after accumulating between $0.012–0.014 and selling chunks at $0.03, while citing the KOSPI selloff and hotter CPI as healthy correction triggers rather than the start of a new bear phase.
On the $W 4h chart, price sits at $0.01 inside the Bollinger Bands with the 50- and 200-period EMAs both acting as flat support at the same level; the MACD has printed a golden cross while RSI at 36.51 leaves room for continuation before any overbought condition develops, suggesting the next volatility expansion targets the upper band near $0.02 once momentum reasserts.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast