Michaël van de Poppe

“#Bitcoin has lost its uptrend on the lower timeframes. This could indicate that we're going to see $60,000-61,000 before we're continuing to be moving upwards. Overall; markets continue to be range-bound and have low volatility due to the summer break. Main events coming up: - FOMC tomorrow evening. - Clarity Act vote during next week. The structure remains intact, which means that I think that we're still in for higher grounds, however, it shouldn't fall sub $61,000 and preferably flips back upwards tomorrow after FOMC.”

“#Bitcoin continues to hold above the 21-Day MA and 50-Day MA and that signals that we're likely continuing upwards in the coming period. If these are lost, that's when you'll see the first shake off take place. https://t.co/JIIxe9CamZ”

“A little correction on the markets for $ETH. However, if you look at the larger picture (which is the daily timeframe), it's still eyeing a continuation of the breakout towards $2,000+. https://t.co/eAxCblONVi”

“You don't need to see more charts apart from this one on #Bitcoin capitulation. We've hit #Bitcoin capitulation as it's been just as worse as in 2022. The inverse of that statement: 2022 was the best period to buy Bitcoin. Just like it is right now. https://t.co/kHyDoxLGVH”

“The current valuation of #Bitcoin vs. Gold is the lowest it's ever been. The current valuation of BTC/Gold vs. the Global Money Supply is also the lowest it has ever been. It's never been out of the 2-sigma bands, however, over the past few months, it dropped out of this framework. The primary reason for the breakdown is very easily to understand: - 10/10 broke the markets entirely and liquidity was sucked away from the markets into other assets. - Gold has seen a tremendous rally, triggering a ton of upside for that asset class, dragging even more liquidity away from #Bitcoin. As the recent AI and IPO hype has swiftly faded away, I would assume that liquidity will be sucked back into the markets. #Bitcoin is currently perhaps the cheapest it has ever been. The current fair value of #Bitcoin swims at $150,000-200,000 and I'm sure that we'll see this happen in the next 12 months.”

“$ETH vs. $BTC is about to break a 4-year long downtrend. The main reason for this is Copper vs. Gold. That one broke a 4-year downtrend earlier in February, and as #Crypto takes some time to catch up with the other markets, it's likely going to happen that $ETH vs. $BTC will breakout from here. The reason I'm referring to this chart is the fact that I'm looking at MA's on the weekly timeframe. - Copper vs. Gold has been downtrending for four years and has been breaking above it recently. The reason that #Altcoins have suffered for so long hasn't got much to do with crypto as a whole, mostly it has something to do with the macroeconomic playing field. It's been absolutely terrible and as the business cycle starts to pick up, it's time to be longing into riskier assets like #Crypto. - $ETH vs. $BTC on the weekly timeframe has been downtrending for four years straight. It hasn't been breaking out of the downtrend as of yet, but it's a matter of time. The primary reason for that is that the markets are lagging behind on Copper/Gold. Everytime Copper vs. Gold have seen a bottom and start breaking their trend into an upwards trend, it's taking 3-6 months before $ETH vs. $BTC follows through. As this breakout on Copper vs. Gold has already been happening in Q1 of this year, it's simply a matter of weeks until Ethereum will do the exact same, dragging the markets for #Crypto further upwards.”

“$ETH is back at 0.03 vs. $BTC. Matter of time until the #Altcoins are following through. Which ones will start first? - DEX tokens like $UNI. - DeFi tokens like $AAVE, $LDO, $MORPHO.”

“$ETH is back at 0.03 vs. $BTC. Matter of time until the #Altcoins are following through. Which ones will start first? - DEX tokens like $UNI. - DeFi tokens like $AAVE, $LDO, $MORPHO.”

“"I bought some #Bitcoin a couple days ago. I'll probably buy some more today." @LawrenceLepard runs a sound money fund. This week he's been buying MicroStrategy — and his reasoning cuts both ways: "MicroStrategy is a leveraged play on Bitcoin... I own a lot more Bitcoin than I own MicroStrategy." "MicroStrategy is going to be absolutely fine if Bitcoin continues to go up the way it has historically over five-year periods. If Bitcoin fails, MicroStrategy is going to fail and it's going to fail faster and sooner." Everyone was shouting that the markets continued to fall, but smart investors decide to stack more sats in these regions. Why wouldn't you? It's the best time to do so, as the sentiment on $BTC is the worst I've seen in a long time.”

“#Bitcoin continues to hold above the crucial 21-Day and 50-Day MA's. This is a strong signal for the markets to be betting on the long side of this asset, however, it's still a little fragile. I'd much prefer to see a strong move to $66,000-67,000 over the next 1-3 days to see a continuous bid coming in. Wednesday: FOMC meeting, usually a risk-off appetite prior to the event and then a risk-on appetite after. If $67,000 breaks, the path towards $73,000-75,000 seems imminent.”

“$ETH looks great, I assume that we'll see a slight consolidation before another leg upwards is on the cards. Matter of time until it runs towards $2,500 (which is the other side of the range). https://t.co/YOJXmldKGT”

“It’s a phenomenal start of the week as #Bitcoin continues above $65,000 and $ETH is close to $2,000. We deserve a strong run on $ETH.”

“Very likely the bottom is in on everything. I'm betting most on the $ETH ecosystem, and I think that #Altcoin will outperform #Bitcoin. Big week upon us.”

“This build-up of $ETH is about to break towards $2,000+ for the first time in more than two months. https://t.co/Qx0DxT0QZK”