{"id":289718,"date":"2025-06-12T20:03:03","date_gmt":"2025-06-12T20:03:03","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/crypto-trader-michael-van-de-poppe-says-bitcoin-on-cusp-of-breakout-updates-outlook-on-ethereum-and-bittensor\/"},"modified":"2025-06-12T20:03:03","modified_gmt":"2025-06-12T20:03:03","slug":"crypto-trader-michael-van-de-poppe-says-bitcoin-on-cusp-of-breakout-updates-outlook-on-ethereum-and-bittensor","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=289718","title":{"rendered":"Crypto Trader Micha\u00ebl van de Poppe Says Bitcoin on Cusp of Breakout, Updates Outlook on Ethereum and Bittensor"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Analyst and trader Micha\u00ebl van de Poppe is offering his outlook on Bitcoin (<a href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\" rel=\"noopener\" target=\"_blank\">BTC<\/a>) and two other crypto assets amid a market recovery.<\/p>\n<p>Van de Poppe <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1932337486631461022\" rel=\"noopener\" target=\"_blank\">tells<\/a> his 791,900 followers on the social media platform X that Bitcoin is in the first phase of consolidation after breaking out from the $106,500 price level.<\/p>\n<p>According to the widely followed analyst, the first consolidation phase is likely to last a couple of days.<\/p>\n<p><em>\u201cThen, we\u2019re going to have the next breakout above the all-time high.<\/em><\/p>\n<p><em>Ideal zone to buy? I would estimate around $107,000 \u2013 $108,000.<\/em><\/p>\n<p><em>Buy the dip season.\u201d<\/em><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190710 size-full\" src=\"https:\/\/pbs.twimg.com\/media\/GtEKsfzXMAARGth?format=png&amp;name=small\" alt=\"\" width=\"1063\" height=\"499\"\/><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>Bitcoin is trading at $109,325 at time of writing.<\/p>\n<p>Next up is Ethereum (<a href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\" rel=\"noopener\" target=\"_blank\">ETH<\/a>). <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1932358323292254210\" rel=\"noopener\" target=\"_blank\">According<\/a> to Van de Poppe, Ethereum is building up for a \u201cbig breakout\u201d after a consolidation phase that has lasted for over a month. The widely followed analyst says Ethereum could rise by up to around 26% from the current level.<\/p>\n<p><em>\u201cI assume we\u2019ll start to see a leg to $3,400 \u2013 $3,500 if it breaks the resistance at $2,800.<\/em><\/p>\n<p><em>The area to hold: around $2,575.\u201d<\/em><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190710 size-full\" src=\"https:\/\/pbs.twimg.com\/media\/GtEJw0xX0AA15r3?format=png&amp;name=small\" alt=\"\" width=\"1063\" height=\"499\"\/><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>Ethereum is trading at $2,770 at time of writing.<\/p>\n<p>Next up is the decentralized artificial intelligence (AI) platform Bittensor (<a href=\"https:\/\/dailyhodl.com\/currencies\/bittensor\" rel=\"noopener\" target=\"_blank\">TAO<\/a>). <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1932379462399660085\" rel=\"noopener\" target=\"_blank\">According<\/a> to Van de Poppe, TAO could go up by around 92% from the current price level as \u201cconfidence comes back in\u201d to the market.<\/p>\n<p><em>\u201cI assume we will break above $475 and we\u2019re getting to $700 \u2013 $800 in the next run.\u201d<\/em><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190710 size-full\" src=\"https:\/\/pbs.twimg.com\/media\/GtEH4xrWsAAdZxI?format=png&amp;name=small\" alt=\"\" width=\"1063\" height=\"499\"\/><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n<p>Bittensor is trading at around $416 at time of writing.<\/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>Analyst and trader Micha\u00ebl van de Poppe is offering his outlook on Bitcoin (BTC) and two other crypto assets amid a market recovery. Van de Poppe tells his 791,900 followers on the social media platform X that Bitcoin is in the first phase of consolidation after breaking out from the $106,500 price level. According to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":289719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12920,47057,21563,17058,10954,21938,21936,21030,1823,1820,12752,22510,18546,11048,12572,6704],"dealstore":[],"offerexpiration":[],"class_list":["post-289718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-bitcoin","tag-bittensor","tag-breakout","tag-btc","tag-crypto","tag-cusp","tag-eth","tag-ethereum","tag-michael","tag-news","tag-outlook","tag-poppe","tag-tao","tag-trader","tag-updates","tag-van"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Trader Micha\u00ebl van de Poppe Says Bitcoin on Cusp of Breakout, 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=289718\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Trader Micha\u00ebl van de Poppe Says Bitcoin on Cusp of Breakout, Updates Outlook on Ethereum and Bittensor - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Analyst and trader Micha\u00ebl van de Poppe is offering his outlook on Bitcoin (BTC) and two other crypto assets amid a market recovery. 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