Published 6 Jul 2026, 14:02 UTC · fetched 14 Oct 2026, 10:57 UTC
Michaël van de Poppe
@CryptoMichNL
We just printed new lows on Bitcoin, sentiment is the worst I've seen this entire cycle, and everyone and their mother is short. That's exactly the kind of setup that tends to reverse the hardest. In this update I break down why I think the market is bottoming, what's really behind the STRC panic dragging Bitcoin down, and what I've been doing with my altcoin portfolio this month. What I cover: – Bitcoin: we broke the 200-week MA but price stalled instead of cascading, why that tells me demand is absorbing the selling, and the 61K and 67K levels I'm watching for confirmation. – The short-squeeze setup: Coinbase premium and funding rate both deeply negative, the fuel is sitting on the short side, not the long side. – The STRC / Saylor panic: why the "Strategy goes to zero" narrative doesn't hold up, and the digital-credit update that de-risks the whole thesis. – Macro: the inflation read pointing to no hikes for the next 6 months, and what that historically means for risk assets. – My portfolio: why I'm changing how I run it, taking profits into strength instead of holding full positions through everything and why I added to NEAR on the back of its revenue growth. – Watchlist: SUI and the multi-timeframe divergence I've been tracking against Bitcoin. We're hitting the same on-chain and sentiment levels we saw at every previous bear market bottom, 2018, 2022, and now. How you handle this part of the cycle is what decides the next one. Thanks to @vestexchange for sponsoring this video. VEST is my partner for funded trading. They have an in-house exchange where you can trade on all assets. Get a $10,000 funded account for less than $60 with my 50% discount code ‘POPPE’ here: Full breakdown 👇View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Repeated same-asset, same-direction calls count once, anchored to the first eligible post
Uses only text available at publication time
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