Leading crypto expert, Michael van de Poppe, has expressed views suggesting a major cleansing is on the horizon for altcoins, but he views this as an essential phase rather than a disaster.<\/p>\n
Van de Poppe argues that nearly 99% of altcoins may face a downturn<\/a>, and he believes this outcome could be justified.<\/p>\n He compares the current altcoin situation to the dot-com bubble, where many companies failed, but the survivors ultimately shaped the internet we know today.<\/p>\n Despite his dire predictions, he remains optimistic about the future of crypto as a whole. Reports indicate he describes this as one of the most promising times in the history of cryptocurrency, even if individual projects are struggling.<\/p>\n I believe that it’s no surprise that many #Altcoins<\/a> might meet their demise.<\/p>\n It’s much like the tech companies that didn’t survive the <\/a> bubble.<\/p>\n However, during that time, significant wealth was created and post-bubble\u2026<\/p>\n \u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) April 19, 2026<\/a><\/p>\n<\/blockquote>\n He has narrowed his focus to a select few projects that he believes can withstand the upcoming shifts \u2014 notably Bitcoin, Ethereum, and specific decentralized finance projects like Aave. He suggests that the recent turbulence in DeFi, particularly due to the KelpDAO hack<\/a>, is just a temporary setback rather than a fundamental issue.<\/p>\n Van de Poppe is also closely observing Arbitrum. His recent analysis indicates that the token may present a buying opportunity when it dips to around $0.16.<\/p>\n He draws parallels between the current market and the early months of 2020, with signs of rising trading activity, important price recoveries, and technical indicators suggesting a breakout may be imminent.<\/p>\n Regarding Bitcoin, he sees potential for further increases, eyeing targets as high as $77,000. He believes that Ethereum remains in a bullish trajectory and should be accumulated during dips, provided it stays above critical support levels.<\/p>\n <\/p>\n Not All Experts Share The Optimistic View<\/p>\n Conversely, the analyst group Our Crypto Talk emphasizes that the market has not yet met criteria for a bullish stance. Their strategy relies on Bitcoin surpassing the 20-day simple moving average, which must also cross above the 50-day average.<\/p>\n Currently, neither condition is satisfied. Bitcoin remains below these averages, and with its dominance at 57%, they categorize the situation as a bearish zone \u2014 a time when declines are more probable than gains.<\/p>\n Is it smart to invest in Altcoins right now?<\/p>\n The simple answer is \u201cNO\u201d.<\/p>\n There is no Altseason currently.<\/p>\n You just need 2 conditions on this chart to confirm.<\/p>\n\n
<\/span>Identifying Potential Deals: The Arbitrum Perspective<\/span><\/h2>\n
\n
![\"\u2705\"](\"https:\/\/www.bitrabo.com\/discover\/wp-content\/uploads\/2026\/04\/Altcoin-Carnage-Ahead-99-Could-Be-Wiped-Out-Analyst-Says.png\")
Price > 20 SMA
\n 20 SMA > 50 SMA<\/p>\n![\"\ud83d\udfe2\"](\"https:\/\/www.bitrabo.com\/discover\/wp-content\/uploads\/2026\/04\/1776764226_153_Altcoin-Carnage-Ahead-99-Could-Be-Wiped-Out-Analyst-Says.png\")
2021: Altseason generated significant wealth.
\n 2024: Market rotations were successful in 2-3\u2026 pic.twitter.com\/NfYYqDMgNP<\/a><\/p>\n