Trader Michaël van de Poppe Says Bitcoin To Rally to New All-Time High Once There’s Clarity on These Two Matters
A widely followed crypto analyst believes that Bitcoin ( BTC ) will print new all-time highs once there’s more clarity around two key issues.
In a new thread, crypto trader Michaël van de Poppe tells his 783,300 followers on the social media platform X that Bitcoin will likely break out once US President Donald Trump’s tariff policies and the Fed’s rate cut plans are clearer.
“Bitcoin is still stuck in a range, which it has been acting in for basically two months. The longer something stays within a narrow range, the heavier the impulse will be once it breaks out of it. I assume that we’ll see light at the end of the tunnel with the FED/tariffs and that Bitcoin will fast rally towards new all-time highs in this quarter.”
Source: Michaël van de Poppe/X
The analyst also predicts that Bitcoin will outperform gold over the next year.
“Quite frankly, if you’d ask me to choose between BTC or gold for the next 12 months, I’d almost always take Bitcoin as I assume that will be, percent-wise, substantially higher than gold. If you put it wider, if I had another $1,000 available, I’d rather want to put it in ETH.”
The analyst says that Bitcoin’s bull run will likely catch many off guard as worries about a recession mount.
“It’s the final shakeout where a big majority believes we’re in a recession and early-peak top for Bitcoin. And then the big run comes.”
Bitcoin is trading for $84,576 at time of writing, flat on the day.
Follow us on X , Facebook and TelegramDisclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
British Pound stays weak below 1.3250 as USD bulls retain control ahead of FOMC Minutes
Bitwise NEAR ETF Has Already Pulled in $60.2 Million Just 7 Days After Launching
Marvell (MRVL.US) Investor Day unveils a five-year roadmap "above Wall Street expectations": Goldman Sachs is not convinced and maintains a "neutral" rating
Goldman Sachs stated that the valuation has already priced in most of the optimism, and the bank has raised its target price from $220 to $270, while maintaining a "Neutral" rating.
"Tail risks" of components such as ASIC, storage, and optical modules: Power shortage in the US means racks are installed but can't be powered
Morgan Stanley predicts that by 2028, U.S. data centers will face a net electricity shortage of about 32GW, equivalent to 34%. Power bottlenecks may first impact the tail end of the supply chain, including ASIC, storage, optical modules, and power management, while Nvidia and Broadcom are relatively more resilient. Even with accelerated self-generated power and overseas expansion, the gap will still be difficult to fill quickly.
Crypto prices
More
