Michaël van de Poppe

“Ultimately, the coming few days are all a matter of whether or not we'll be seeing a higher low on #Bitcoin. If that scenario does happen, I remain bullish. If $60,000 flops as support, we continue to proceed towards a test of the lows. I don't think we'll see #Bitcoin trading at $40,000.”

“This is the most important chart to monitor, as the United States and Japan have partnered up in strengthening the Yen. If the Dollar continues to fall, and the Yen continues to strengthen, there's a stronger case of money flowing out of government bonds into other assets as there's a risk of holding the Dollar vs. the previous period. That results into risk-on assets turn up to do well, like #Bitcoin.”

“It would be great if #Bitcoin can indeed hold above $60,000-61,000 and turn the MACD and RSI back upwards. In that case; new rally imminent and $80,000-83,000 remains a potential target. https://t.co/VNG2YBPe0w”

“Funny enough: - Saturday dump - Sunday pump Probably a slight correction at Monday open and then we’ll resume with up only on #Bitcoin https://t.co/pvwUx8shvx”

“During such a massive pump of $SOL, you don't want to accumulate positions. However, after such a correction as the current one. You do want to accumulate positions. https://t.co/yLAil5iujp”

“This resonates entirely with the last bear market in 2019. In that period, #Crypto was a complete ghosttown. Questions being asked: 'Do we still have a purpose with tokens and crypto?' The same questions are being asked right now. Yes, there will always be narratives, and there will be better versions of previous versions. As long as our financial system is corrupt, faulty and manipulated, the desire to build tokenized systems that are better will remain. The amount of people building in the ecosystem has grown, so it's just a matter of time before prices are picking up.”

“We've had a casual end of month correction on Friday for #Bitcoin. Most likely we'll see a slight push upwards during the weekend, to end up by a standard Monday crash and then we return back towards an upwards momentum. If $ETH manages to hold above $1,800 and grinds towards $1,900, the bollinger bands are squeezing. The volatility on the markets are the lowest in years, meaning that the next move is a vital one and is one to be positioned on. I don't think we'll see that breakdown, unless Bitcoin breaks $60,000. If we don't, then my upwards target remains to be $83,000.”

“The fair price of #Bitcoin is massively higher. I've discussed this with @RaoulGMI on @new_era_finance and I fully stand by it. He mentioned: 'The fair price of #Bitcoin right now is $160,000.' Obviously, the breakdown on the 10th of October has taken a lot of liquidity out of the markets and I'm sure that we won't be hovering around $60,000 if that didn't happen. The only thing that's for certain is that once the markets are turning around, it might go quick.”

“Big misconception: You can't get rich from #Bitcoin anymore. That's bullshit. If you simply adapt a DCA strategy into Bitcoin, then by compounding those yearly returns, you'll skyrocket. Let's assume you'll do a 30-40% return on average on Bitcoin with that. You're outperforming nearly everyone on this planet. A $1,000 with a 40% return yields $29,000 after 10 years, simply through compounding.”

“The easy #Altcoin markets are over. A lot of people are simply holding those assets (like I've been doing) for a long period of time, hoping to retrieve those gains and to get that 50X. I don't think this will happen. I much rather think in cases of compounding returns. If there's a run of an #Altcoin that does 20-80%, I'd much rather have that in the bank, wait for an obvious spot and/or sit in Bitcoin / Ethereum. As a matter of fact, Bitcoin and Ethereum can still yield you a tremendous return from here anyways.”

“The easy #Altcoin markets are over. A lot of people are simply holding those assets (like I've been doing) for a long period of time, hoping to retrieve those gains and to get that 50X. I don't think this will happen. I much rather think in cases of compounding returns. If there's a run of an #Altcoin that does 20-80%, I'd much rather have that in the bank, wait for an obvious spot and/or sit in Bitcoin / Ethereum. As a matter of fact, Bitcoin and Ethereum can still yield you a tremendous return from here anyways.”

“Quite usually August isn't a great month for #Bitcoin, however, after that, there's a strong period coming up for the markets. What's the gameplan? Accumulate your positions. Enjoy the summer. Don't use leverage. https://t.co/DAaV4ajyat”

“Very boring state of mind with #Bitcoin, as it's chopping around and #Altcoins generally continue to fall. It's not holding above the 21-Day MA, and therefore, the risk of another sweep of the lows have increased. Other than that, it's been the last day of the month, and it's still holding above $60k. Why I'm thinking that this is relevant is due to the fact that holding above $60K confirms a higher low and therefore it confirms the bullish divergence. No need to stress, just accumulate and be patient.”

“An enormous bounce on the Nasdaq and therefore a massive weekly candle, just as $KOSPI has bounced upwards. I repeat, the last time this happened, #Bitcoin rallied to $83,000. I would expect to see a strong start of August coming week for #Bitcoin as a response to the current strength in risk-on assets.”

“#Bitcoin has essentially been going sideways since February. There's not much that has happened in between. One piece of advice that I can give is that: once it breaks out of this entire rangebound period, don't sell too early. The longer something goes sideways, the heavier the impulse will be and the more patient you'll need to be during that phase. It can easily run to $100k+ without any opportunities of getting back into a position.”