- Bitcoin could surge past $250,000 post-2024 halving, mirroring historical cycles where prices peaked 12–18 months post-event.
- Altcoins may dominate 2025 as Ethereum, Solana, and memecoins like PEPE historically outperform Bitcoin post-halving.
Michaël van de Poppe has sparked optimism by suggesting the current market cycle is in its early stages, with Bitcoin poised to exceed $200,000–$250,000 and altcoins primed to outperform the leading cryptocurrency within the next year. His analysis, shared via social media platform X, hinges on historical patterns following Bitcoin’s quadrennial “halving” events, which reduce new supply and have historically preceded major price rallies.
I don’t think that the cycle is over.
I think it barely started, even the hype on #Bitcoin wasn’t anywhere near euphoria.
I do believe that we’ll see Bitcoin above $200-250K this cycle.
I also believe we’ll have one year of outperformance of the ecosystem vs Bitcoin.
— Michaël van de Poppe (@CryptoMichNL) February 27, 2025
As of February 28, 2025, Bitcoin trades at $83,345, down nearly 25% from its all-time high of $109,114.88 in January 2025. This correction aligns with typical post-halving volatility, according to data from ETHNews. The April 2024 halving—Bitcoin’s fourth since 2012—slashed mining rewards by 50%, a mechanism designed to enforce scarcity.
Historically, such events have triggered bull markets: after the 2012 halving, Bitcoin surged from $10 to over $1,000 within a year. Similar rallies followed the 2016 and 2020 halvings, with prices peaking 12–18 months later.
Van de Poppe argues that the current cycle remains on track, noting that past corrections of 20%–30% are common before final peaks. “The enthusiasm for Bitcoin hasn’t peaked yet,” he stated, pointing to the 10-month span since the 2024 halving as evidence that the market is still within the historical window for upward momentum.
#Bitcoin reached the sweet spot for entries.
I think that, if we're able to gain back above $88-89K, that this weekly provides a deep wick and we'll have a great month into March.
Utility coins to outperform. pic.twitter.com/9gGQkC7dXc
— Michaël van de Poppe (@CryptoMichNL) February 27, 2025
He also anticipates an “altcoin season,” a period where smaller cryptocurrencies outpace Bitcoin’s gains. This trend emerged in 2017 (post-2016 halving) and 2021 (post-2020 halving), with tokens like Ethereum, Cardano, and Solana delivering exponential returns. Van de Poppe suggests memecoins such as PEPE and FLOKI, which rallied in late 2024, could signal the early stages of this phase.
Some analysts, cited by Forbes, warn that institutional investment and sustained high interest rates might disrupt historical patterns. The January 2025 peak, they argue, could indicate an accelerated cycle fueled by macroeconomic factors rather than organic halving-driven growth.
Despite these concerns, Van de Poppe’s outlook remains anchored in precedent. Previous halvings catalyzed multi-year bull runs, and the current correction mirrors mid-cycle dips seen in 2017 and 2021. With altcoins historically lagging Bitcoin by 6–9 months post-halving, the first half of 2025 could mark their breakout.
While debates over the cycle’s trajectory continue, one reality is clear: crypto markets remain as unpredictable as they are opportunistic. For now, history appears to favor the bulls.
