According to MN Consultancy founder Michaël van de Poppe, the current market conditions are creating "the perfect storm" for Bitcoin to reach $500,000 and Ethereum to reach $20,000. Van de Poppe cites the pro-crypto pivot of the U.S. government, institutional adoption, and pathways for bank custody as factors contributing to this bullish outlook. He believes that the current cycle will be on par with the dot com bubble of 1995-1999 or the 2017 crypto bull market, with valuations rising far above expectations. There are two possible outcomes - the bubble will occur this year and peak at the end of the year, or the altcoin bear market could prolong the bull market for two more years with Bitcoin reaching $1 million. Van de Poppe argues against the idea that the market has peaked, emphasizing the bullish momentum from the U.S. government's pivot. He also suggests that the U.S.-China trade war could benefit the crypto market. However, there may still be short-term volatility as nearly 50,000 BTC worth almost $5 billion is on the move, potentially triggering a sell-off.



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