According to Michaël van de Poppe, gold has exhibited significant volatility, initially declining but rallying due to a large miss on PMI data. This rally suggests that if gold's trend reverses downwards, it could trigger a positive performance in altcoins. The current conditions of a declining dollar and yields are seen as favorable for this scenario.

According to CryptoMichNL, the recent dip in Bitcoin has occurred, and the correction phase might be over. With the macroeconomic season starting, highlighted by PMI data, there is an expectation that Bitcoin will test its all-time high (ATH) in the next 2-4 weeks.