Crypto expert predicts narrative shift after bitcoin halving

Crypto expert Michael van de Poppe has outlined what to expect when the bitcoin exchange rate halves on April 19. As part of his analysis, van de Poppe suggested that the focus may shift away from bitcoin after this event.

After this event, the focus may shift away from bitcoin.

The narrative shift that will occur after the halving

Van de Poppe mentioned in an X post (formerly Twitter) that narratives will shift as the halving event approaches, but did not specify what the new narrative will be when it happens. However, in a previous X post, the crypto expert outlined some of his expectations for the cryptocurrency market going forward, including what he thinks the new narrative will be.

The crypto expert did outline some of his expectations for the cryptocurrency market going forward, including what he thinks the new narrative will be.

Van de Poppe believes the main focus will be on Ethereum (ETH) and projects focused on decentralized physical infrastructure networks (DePIN) and real-world assets (RWAs). These sectors, as well as artificial intelligence (AI) and meme coins, are predicted to be among the leading sectors in this bullish period.

Pope van de Poppet’s view.

Meanwhile, the crypto expert, who has so far continued to argue that altcoins are severely undervalued, expects these cryptocurrency tokens to rebound «in their pairs with bitcoin» once the hype surrounding halving is over. In addition, Van de Poppe noted that altcoins will show bullish strength from the second quarter through the summer, followed by a correction in the third quarter of the year.

So far, the altcoins are expected to show bullish strength from the second quarter through the summer, followed by a correction in the third quarter of the year.

Before that, the crypto expert listed ten altcoins that he believes could see the biggest price gains when the altcoin season kicks into full gear. These include tokens such as Chainlink (LINK), Celestia (TIA), Arbitrum (ARB), Polkadot (DOT), Cosmos (ATOM), DYDX (DYDX), WooNetwork (WOO), Sei (SEI), Skale Network (SKL) and Covalent (CQT).

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Expectations for bitcoin

In the short term, Van de Poppe expects bitcoin to experience a light rebound to around the $70,000 level. However, he was less optimistic about the long-term trajectory of the flagship cryptocurrency, predicting that bitcoin will face a period of consolidation, which he believes will not change in the «coming months».

At the same time, bitcoin is expected to experience a period of consolidation.

In another post, X said: «Bitcoin is currently on hold as momentum is relatively muted». He added that he expects a continued «pullback and consolidation» of bitcoin, while altcoins will bounce upwards in their pairs with BTC during this period.

Another post by X said: «Bitcoin is on hold as momentum is relatively subdued» while altcoins will bounce upwards in their pairs with BTC.

This projected consolidation period looks like the re-accumulation phase of bitcoin’s halving phase that crypto analyst Rekt Capital once talked about. Detailing what this period represents, Rekt Capital said at the time that many investors «shake out during this phase due to boredom, impatience and frustration at the lack of serious results in their BTC investments immediately after the halving».

At the time, Rekt Capital said that many investors are not aware of this phase because of boredom, impatience and frustration at the lack of serious results in their BTC investments immediately after the halving.

Once this period is over, bitcoin is expected to begin its «parabolic uptrend», which, as Rekt Capital notes, historically lasts just over a year. Along those lines, it’s worth noting that most bitcoin price advances typically occur between six months and a year after a bitcoin halving has occurred.

Bitcoin’s price gains are typically made between six months and a year after a bitcoin halving has occurred.