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Crypto trader Michaël van de Poppe is predicting a massive surge in Bitcoin’s value during the current bull market cycle. Based on previous market cycles and the concept of diminishing returns, Van de Poppe believes that Bitcoin could potentially increase by 961% to reach as high as $400,000. He argues that this bull cycle will be even bigger than the previous one, which saw significant returns for Bitcoin. Van de Poppe suggests that the downward pressure on Bitcoin’s price during the 2019-2021 cycle, caused by Sam Bankman-Fried and FTX, may have influenced the diminishing returns. However, he believes that the current cycle could see Bitcoin reaching new heights, potentially leading to a 2016-2017 type of cycle where altcoins also perform well. At the time of writing, Bitcoin is trading at $37,680.