Michaël van de Poppe, founder of MN Fund, poked holes in the Bitcoin bottom call by mocking the consensus expectation. He also named his top 5 anchor altcoins for the months ahead.
The post struck a nerve across the crypto community and put fresh attention on the altcoins he is backing.
Why Van de Poppe Is Mocking the Bitcoin Bottom Call
A market bottom is the lowest point of a downtrend before prices begin to recover sustainably. Van de Poppe argues that whenever a specific bottom becomes a broad market consensus, the actual move tends to surprise in the opposite direction.
His tone reflects a classic contrarian framework. The consensus, especially when accompanied by widespread conviction, often gets inverted before the move materializes. Historical Bitcoin cycles have repeatedly shown this exact pattern across both bull and bear phases.
“The market has taught me that no one really knows what is going to happen; a lot of pro traders—bulls who predicted almost everything regarding BTC—have been wrong time and again during this cycle. My goal now is to build in crypto and take a five-year view rather than short term,” one user said.
It's very clear that the markets are going to bottom in October '26 at <$45,000 for #Bitcoin.
That's atleast what everybody expects to see happening in these markets.
And just as everybody expects it, for sure we'll see it happening, right?
— Michaël van de Poppe (@CryptoMichNL) June 14, 2026
The timing of his jab is notable. Bitcoin has corrected sharply from recent highs, with traders debating whether the cycle bottom has already arrived or whether more downside is still ahead during the remainder of 2026.
Van de Poppe is known for his focus on macroeconomics, value investing, and crypto trading. While he does not rule out a sharp rebound, he warns about the risk that the prevailing consensus could once again be proven wrong by the market dynamics.
#Bitcoin breaks back into the range and is looking for more upside.
I think we'll start to crawl back upwards and head into higher numbers once the US opens, as it breaks crucial resistance zones and momentum is clearly turning back in favor of crypto.
“Most likely, the strongest altcoins of the previous months are going to remain strong over the course of the coming period. My anchors in my portfolio: $NEAR, $TAO, $EIGEN, $W, $ONDO. The only question to remain is whether Bitcoin is bottomed, continues to grind back upwards or not. If it’s the case, then there’s no issue of not being in these positions as the past months have granted a higher return in them,” he revealed.
He also emphasized that these tokens have already shown clear relative outperformance and should hold that resilience in the short term.
NEAR, TAO, EIGEN, W & ONDO Price Performance – 7D. Source: CoinGecko
His framing is clear. If Bitcoin stabilizes or recovers, these positions have already generated superior returns over the past months. As a result, the relative risk profile is lower compared to chasing momentum in newer or unproven crypto narratives across the market.
Analysts interpret van de Poppe’s stance as a mixed signal. The view is bearish on Bitcoin short-term due to capitulation risk, but constructive on select altcoins that have outperformed and could lead the next leg if Bitcoin finally stabilizes.
Historically, periods of Bitcoin weakness have preceded strong altcoin rotations. Once Bitcoin finds its bottom, capital often migrates aggressively into outperformers, particularly those tied to high-growth narratives like AI, real-world assets, and modular blockchain infrastructure.
