Bitcoin Price Surges Past $70,000, Sparks $115 Million in Market Liquidations

Analyst Michaël van de Poppe predicts that Bitcoin could reach over $300,000 this cycle, with a potential new all-time high above $73,000 before the halving. He also anticipates a rotation of capital towards altcoins, particularly in the ETH ecosystem, DePIN, and RWA subsectors. Van de Poppe highlights the strength of the crypto markets and suggests that dips in altcoins present buying opportunities. Additionally, he observes signs of strength in the altcoin market capitalization, indicating potential for further rally.