dailyhodl.com
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.
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