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.”
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 TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
