Bitcoin's price has been stagnant, trading in a narrow range for over 200 days. This has resulted in a similar stagnation among altcoins, creating a dull market environment.
Despite this stagnation, analyst Michael Van De Poppe predicts that significant changes are on the horizon, suggesting market activity could soon increase.
The anticipated rise in Bitcoin's price to $90,000 could impact altcoin prices, potentially leading to a broader market momentum shift in the coming weeks.