{"id":43555,"date":"2026-05-13T09:15:07","date_gmt":"2026-05-13T09:15:07","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=43555"},"modified":"2026-05-13T09:15:07","modified_gmt":"2026-05-13T09:15:07","slug":"analyst-says-no-reason-for-bitcoin-reversal-sees-btc-approaching-next-resistance-levels-here-are-his-targets","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=43555","title":{"rendered":"Analyst Says No Reason for Bitcoin Reversal, Sees BTC Approaching Next Resistance Levels \u2013 Here Are His Targets"},"content":{"rendered":"

\"\"<\/p>\n

Popular crypto analyst Micha\u00ebl van de Poppe thinks Bitcoin (BTC<\/a>) is not at risk of a sudden collapse in the coming months.<\/p>\n

Van de Poppe tells<\/a> his 821,000 followers on X that the top crypto asset by market cap is showing increasing signs of a bullish market structure and thinks Bitcoin will attempt to break through the major resistance level at $88,000, a more than 9% increase from its current value.<\/p>\n

\u201cThere\u2019s clearly no reason to expect Bitcoin to fall, out of nowhere. There\u2019s the general consensus that we\u2019re in a bear flag and that we must see $50,000 later this year. How so? Didn\u2019t we have to see no new ATH (all-time high) before the halving either? The recent shock in February has been one of the heaviest ever. Comparable to the COVID-crash. I remember that a lot of people were shouting for new lows after that started to get some momentum. The same for 2018. We touched upon $3,300, but we were definitely going to see lower grounds. I don\u2019t think we need to. We can easily test $70,000-$75,000 again, but for now, we\u2019re going higher. <\/em><\/p>\n

The price of Bitcoin acts above the 21-Day MA, (moving average) is clearly flipping levels for support and there\u2019s a clear constant bid coming up, while the Nasdaq remains as strong as it is. Next area of resistance is between $85,000-$88,000.\u201d<\/em><\/p>\n

\"Image\"
Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n

Bitcoin is trading for $80,492 at time of writing, down 1.5% in the last 24 hours.<\/p>\n

The analyst is also predicting<\/a> massive breakouts for altcoins, suggesting the digital assets will benefit from increased market confidence and liquidity flow from Bitcoin\u2019s gains.<\/p>\n

\u201cThere\u2019s significantly more upside to come for altcoins. Most of them have barely moved against BTC. Literally almost nothing. Quite often, these moves are violent and fast. They are not gradual as hype cycles are short-lived. That\u2019s why you position before the actual move occurs rather than during the move. <\/em><\/p>\n

We\u2019re in that stage where altcoins are making that move upwards with strong 20%+ days in between (those are primarily due to technical breakouts or liquidations). We\u2019ll see more of those in the coming one-to-two months, before we\u2019ll start to have more corrections. The higher Bitcoin goes, the more momentum altcoins will have.\u201d<\/em><\/p>\n

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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 assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Generated Image: Midjourney<\/em><\/span><\/p>\n

The post Analyst Says No Reason for Bitcoin Reversal, Sees BTC Approaching Next Resistance Levels \u2013 Here Are His Targets<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Popular crypto analyst Micha\u00ebl van de Poppe thinks Bitcoin (BTC) is not at risk of a sudden collapse in the coming months. Van de Poppe tells his 821,000 followers on X that the top crypto asset by market cap is showing increasing signs of a bullish market structure and thinks Bitcoin will attempt to break […]<\/p>\n","protected":false},"author":1,"featured_media":43556,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":{"0":"post-43555","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"yoast_head":"\nAnalyst Says No Reason for Bitcoin Reversal, Sees BTC Approaching Next Resistance Levels \u2013 Here Are His Targets - Cryptomag<\/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:\/\/cryptomag.finance\/?p=43555\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Says No Reason for Bitcoin Reversal, Sees BTC Approaching Next Resistance Levels \u2013 Here Are His Targets - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Popular crypto analyst Micha\u00ebl van de Poppe thinks Bitcoin (BTC) is not at risk of a sudden collapse in the coming months. 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