{"id":264339,"date":"2025-05-30T19:19:58","date_gmt":"2025-05-30T19:19:58","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/analyst-says-bitcoin-primed-for-new-all-time-highs-if-btc-reclaims-these-resistance-levels-updates-outlook-on-ethereum-and-bittensor\/"},"modified":"2025-05-30T19:19:58","modified_gmt":"2025-05-30T19:19:58","slug":"analyst-says-bitcoin-primed-for-new-all-time-highs-if-btc-reclaims-these-resistance-levels-updates-outlook-on-ethereum-and-bittensor","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=264339","title":{"rendered":"Analyst Says Bitcoin Primed for New All-Time Highs if BTC Reclaims These Resistance Levels, Updates Outlook on Ethereum and Bittensor"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if <a href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\" rel=\"noopener\" target=\"_blank\">BTC<\/a> can reclaim key levels as support.<\/p>\n<p>In a new post, crypto trader Micha\u00ebl van de Poppe <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1928374516025115100\" rel=\"noopener\" target=\"_blank\">tells<\/a> his 789,400 followers on the social media platform X that if Bitcoin can break through the resistance range between $106,500-$107,000, the flagship crypto asset will likely soar beyond its current all-time high of about $111,800.<\/p>\n<p><em>\u201cBitcoin has lost the crucial support level. However, the drop isn\u2019t as severe as we might expect. This means, reclaim of $106,500-$107,000, that would be the party trigger sign for new all-time highs.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsL2ZlVW8AEsrqQ?format=png&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"644\"\/><figcaption class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>Bitcoin is trading for $105,694 at time of writing, down 1.5% in the last 24 hours.<\/p>\n<p>Next up, the analyst<a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1928450825778856106\" rel=\"noopener\" target=\"_blank\"> says<\/a> that Ethereum (<a href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\" rel=\"noopener\" target=\"_blank\">ETH<\/a>) is likely still in an uptrend and gearing up for a massive breakout.<\/p>\n<p><em>\u201cETH did break through $2,700 and failed immediately. The thing is, that\u2019s not the crucial level. The second thing is, it\u2019s still building up for a big breakout. When does that happen? Above $2,850 is where the liquidity is and the longer it takes for a breakout to happen, the heavier it will be.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsL3L6DWsAEzQxT?format=png&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"558\"\/><figcaption class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>He also <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1928430944970543592\" rel=\"noopener\" target=\"_blank\">says<\/a> that ETH has been showing strength against Bitcoin (ETH\/BTC) for the past two months and may soon break out against the flagship crypto asset.<\/p>\n<p><em>\u201cETH has seen a strong upwards move in April and May, It has also retested the OB (order block) at 0.023 BTC and has held there. This means that we\u2019re about to test the highs and continue the run.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsL2us-WQAEkn8G?format=png&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"644\"\/><figcaption class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>ETH\/BTC is trading for 0.2461 BTC ($2,597), down slightly in the last 24 hours.<\/p>\n<p>Lastly, the analyst<a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1928397222577619020\" rel=\"noopener\" target=\"_blank\"> says<\/a> he is turning bullish on Bittensor (<a href=\"https:\/\/dailyhodl.com\/currencies\/bittensor\/\" rel=\"noopener\" target=\"_blank\">TAO<\/a>), a decentralized blockchain-based network that aims to be a marketplace for artificial intelligence (AI) models.<\/p>\n<p><em>\u201cTAO looks great, as it\u2019s fighting the final resistance. Ideally, sub-$400 is a steal for this one in which we continue to show an uptrend even if it drops south of that level. It\u2019s the only one in my portfolio nicely holding up and I think we\u2019ll be seeing $700-$800 soon.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsL2Ds-W0AAGnYz?format=png&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"644\"\/><figcaption class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>TAO is trading for $397 at time of writing, down 6.4% in the last 24 hours.<\/p>\n<p><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>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.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt;\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if BTC can reclaim key levels as support. In a new post, crypto trader Micha\u00ebl van de Poppe tells his 789,400 followers on the social media platform X that if Bitcoin can break through the resistance range between $106,500-$107,000, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":264340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[22865,14545,12920,47057,17058,21936,21030,20261,14799,1820,12752,11640,44480,10629,18546,12572],"dealstore":[],"offerexpiration":[],"class_list":["post-264339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-alltime","tag-analyst","tag-bitcoin","tag-bittensor","tag-btc","tag-eth","tag-ethereum","tag-highs","tag-levels","tag-news","tag-outlook","tag-primed","tag-reclaims","tag-resistance","tag-tao","tag-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Says Bitcoin Primed for New All-Time Highs if BTC Reclaims These Resistance Levels, Updates Outlook on Ethereum and Bittensor - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=264339\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Says Bitcoin Primed for New All-Time Highs if BTC Reclaims These Resistance Levels, Updates Outlook on Ethereum and Bittensor - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if BTC can reclaim key levels as support. 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