Cryptocurrency analyst Michaël van de Poppe predicted that altcoins could see an additional 30-60% increase if BTC rises to $86,000. According to Cointelegraph, he analyzed, "There is a low probability of BTC falling below $75,000 in the short term. The V-shaped recovery trend following the Nasdaq rebound supports the upside potential. The key is whether the $80,000 resistance will be broken."