{"id":277717,"date":"2025-06-06T19:18:59","date_gmt":"2025-06-06T19:18:59","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/analyst-michael-van-de-poppe-says-bitcoin-is-about-to-go-higher-updates-outlook-on-sui-and-one-low-cap-altcoin\/"},"modified":"2025-06-06T19:18:59","modified_gmt":"2025-06-06T19:18:59","slug":"analyst-michael-van-de-poppe-says-bitcoin-is-about-to-go-higher-updates-outlook-on-sui-and-one-low-cap-altcoin","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=277717","title":{"rendered":"Analyst Micha\u00ebl van de Poppe Says Bitcoin Is About To Go Higher, Updates Outlook on Sui and One Low-Cap Altcoin"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A widely followed crypto analyst says that Bitcoin (<a href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\" rel=\"noopener\" target=\"_blank\">BTC<\/a>) is gearing up for a massive breakout after correcting to the $100,000 level.<\/p>\n<p>In a new strategy session, crypto trader Micha\u00ebl van de Poppe <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1930906255406608450\" rel=\"noopener\" target=\"_blank\">tells<\/a> his 790,900 followers on the social media platform X that Bitcoin is now likely on the verge of breaking through the resistance level at $105,800.<\/p>\n<p><em>\u201cBitcoin is about to break back higher, as we\u2019ve taken all the liquidity and it\u2019s quickly being absorbed. These levels should usually be the end of the correction.\u201d<\/em><\/p>\n<figure style=\"width: 1199px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsvnX5YXkAAeCl_?format=png&amp;name=medium\" alt=\"Image\" width=\"1199\" height=\"650\"\/><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\/1930961871693402367\" rel=\"noopener\" target=\"_blank\">says<\/a> that Bitcoin is exhibiting market strength after retesting the $100,739 level.<\/p>\n<p><em>\u201cTo be honest, after the recent correction on Bitcoin, this is what you\u2019d want to see. A strong bounce back upwards, ETH also climbing back. Good times are ahead.\u201d<\/em><\/p>\n<p>Bitcoin is trading for $105,023 at time of writing.<\/p>\n<p>Next up, the analyst <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1930664663085387949\" rel=\"noopener\" target=\"_blank\">says<\/a> he remains bullish on layer-1 blockchain Sui (<a href=\"https:\/\/dailyhodl.com\/currencies\/sui\/\" rel=\"noopener\" target=\"_blank\">SUI<\/a>), despite the recent major security <a href=\"https:\/\/dailyhodl.com\/2025\/05\/23\/hacker-plunders-223000000-worth-of-crypto-from-sui-based-decentralized-exchange\/\" rel=\"noopener\" target=\"_blank\">breach<\/a> of the Cetus Protocol, a decentralized exchange (DEX) operating on the Sui network.<\/p>\n<p>The analyst says one reason to be bullish on SUI is that the network\u2019s total value locked (TVL) is recovering after its decline triggered by the Cetus hack. The TVL is the amount of capital deposited within a protocol\u2019s smart contracts and is often used to gauge the health of a crypto ecosystem.<\/p>\n<p><em>\u201cSUI has continued to show strength. Despite the recent exploit on Cetus, the TVL on SUI is still $1.8 billion and constantly growing. It has run back with 20% since the recent drop. Such a strong signal and such a strong ecosystem.\u201d<\/em><\/p>\n<figure style=\"width: 1438px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsrwANKWsAA2X8S?format=jpg&amp;name=large\" alt=\"Image\" width=\"1438\" height=\"510\"\/><figcaption class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>SUI is trading for $3.18 at time of writing, up 1.4% in the last 24 hours.<\/p>\n<p>Lastly, the analyst <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1930683034572927076\" rel=\"noopener\" target=\"_blank\">says<\/a> that the cross-chain messaging protocol Wormhole (<a href=\"https:\/\/dailyhodl.com\/currencies\/wormhole\/\" rel=\"noopener\" target=\"_blank\">W<\/a>) is showing bullish divergence on the weekly chart.<\/p>\n<p>A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows.<\/p>\n<p><em>\u201cW remains to be one of my portfolio altcoins. They are bringing Dogecoin to Solana as well, as they bridge the memecoin towards the other chain. Secondly, they are the exclusive partner of BlackRock\u2019s BUIDL and more partners. Massive bullish divergence.\u201d<\/em><\/p>\n<figure style=\"width: 1199px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsrzQlLXkAAej81?format=png&amp;name=medium\" alt=\"Image\" width=\"1199\" height=\"650\"\/><figcaption class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>Wormhole is trading for $0.07355 at time of writing, down 2.8% 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: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a massive breakout after correcting to the $100,000 level. In a new strategy session, crypto trader Micha\u00ebl van de Poppe tells his 790,900 followers on the social media platform X that Bitcoin is now likely on the verge of breaking through the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":277718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12981,14545,12920,17058,11029,27152,1823,21937,1820,12752,22510,28376,12572,6704,105727,43008],"dealstore":[],"offerexpiration":[],"class_list":["post-277717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-analyst","tag-bitcoin","tag-btc","tag-higher","tag-lowcap","tag-michael","tag-michael-van-de-poppe","tag-news","tag-outlook","tag-poppe","tag-sui","tag-updates","tag-van","tag-w","tag-wormhole"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Micha\u00ebl van de Poppe Says Bitcoin Is About To Go Higher, Updates Outlook on Sui and One Low-Cap Altcoin - 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=277717\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Micha\u00ebl van de Poppe Says Bitcoin Is About To Go Higher, Updates Outlook on Sui and One Low-Cap Altcoin - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a massive breakout after correcting to the $100,000 level. 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