Crypto’s worst quarter since the FTX crisis has many investors worried about the end of the bull market, but according to an industry panel, Bitcoin and altcoins’ parabolic moves haven’t even begun yet.
In a panel discussion at the LONGITUDE by Cointelegraph event in Paris, France, MN Capital founder Michael van de Poppe said he thinks the bull market is “actually getting started from this point.”
While it’s hard to believe that following Bitcoin’s (BTC) recent plunge below $80,000 on global tariff woes, “we know from history” that chaotic sell-offs create favorable conditions for a reversal, he said.
Van de Poppe drew parallels between the current market dump and the COVID-19 crash in 2020, when Bitcoin plunged by nearly 40% in a single day.
“That was the actual bottom, and since then, Bitcoin went 20x,” said van de Poppe.
Cointelegraph Managing Editor Gareth Jenkinson, left,