Correction in One Surging Asset Could Trigger Rallies for Altcoin Markets, According to Analyst Michaël van de Poppe

Description

A widely followed crypto strategist thinks that a correction in one safe-haven asset will likely trigger risk-on behavior that could benefit altcoins. Analyst Michaël van de Poppe tells his 791,800 followers on the social media platform X that he’s keeping a close watch on gold’s price action, noting that the precious metal’s chart is the “most important chart to watch” this week. According to the trader, gold appears to have printed a bearish lower high setup on the six-hour chart, suggesting t...