Michaël van de Poppe

“To be fair; the most undervalued asset right now in the #Crypto markets is $ETH. I'd be surprised if we look back in five years and say: well, $2,000 was too expensive back then. The Clarity Act comes in and provides the framework to build on. Infrastructure plays like $ETH are going to be the big gainers from this, and as it's finally breaking out of a 4-year downtrend against $BTC, it's time to be betting heavily on this on.”

“The markets look like they want to continue to rally and $ETH is the strongest force for that. I'd preferably see it hold above $1,800. If that's the case, then it's a matter of time until we're going to see numbers that are north of $2,000. https://t.co/PKKKkQwDTn”

“A very solid bounce on $BTC. A massive wick in the South Korean Stock markets implying that the low is hit there. In my theory; $NQ and $BTC go up from that perspective. FOMC tonight as well, most likely the markets are pricing in extreme fear. I would assume that we're going to continue rallying upwards here, as #Bitcoin remains to be acting fairly strong.”

“$ETH continues to show strength, therefore carrying the rest of the markets alongside. It's back above 0.03 and I think it's going to be back above $2,000 fairly soon. Today was a dip for buying. https://t.co/gECGhulRXQ”

“Fairly strong daily candle on $BTC. I think we'll target $68,000 in early August again, and are likely going to break out of that fairly soon to $75,000+. https://t.co/wOPafm6qB1”

“Oil is dropping hard, which means great signs for the markets. It's about time to see a strong breakout on #Bitcoin. https://t.co/yoG0DjzPHb”

“#Bitcoin has lost its uptrend on the lower timeframes. This could indicate that we're going to see $60,000-61,000 before we're continuing to be moving upwards. Overall; markets continue to be range-bound and have low volatility due to the summer break. Main events coming up: - FOMC tomorrow evening. - Clarity Act vote during next week. The structure remains intact, which means that I think that we're still in for higher grounds, however, it shouldn't fall sub $61,000 and preferably flips back upwards tomorrow after FOMC.”

“#Bitcoin continues to hold above the 21-Day MA and 50-Day MA and that signals that we're likely continuing upwards in the coming period. If these are lost, that's when you'll see the first shake off take place. https://t.co/JIIxe9CamZ”

“A little correction on the markets for $ETH. However, if you look at the larger picture (which is the daily timeframe), it's still eyeing a continuation of the breakout towards $2,000+. https://t.co/eAxCblONVi”

“You don't need to see more charts apart from this one on #Bitcoin capitulation. We've hit #Bitcoin capitulation as it's been just as worse as in 2022. The inverse of that statement: 2022 was the best period to buy Bitcoin. Just like it is right now. https://t.co/kHyDoxLGVH”

“The current valuation of #Bitcoin vs. Gold is the lowest it's ever been. The current valuation of BTC/Gold vs. the Global Money Supply is also the lowest it has ever been. It's never been out of the 2-sigma bands, however, over the past few months, it dropped out of this framework. The primary reason for the breakdown is very easily to understand: - 10/10 broke the markets entirely and liquidity was sucked away from the markets into other assets. - Gold has seen a tremendous rally, triggering a ton of upside for that asset class, dragging even more liquidity away from #Bitcoin. As the recent AI and IPO hype has swiftly faded away, I would assume that liquidity will be sucked back into the markets. #Bitcoin is currently perhaps the cheapest it has ever been. The current fair value of #Bitcoin swims at $150,000-200,000 and I'm sure that we'll see this happen in the next 12 months.”

“$ETH vs. $BTC is about to break a 4-year long downtrend. The main reason for this is Copper vs. Gold. That one broke a 4-year downtrend earlier in February, and as #Crypto takes some time to catch up with the other markets, it's likely going to happen that $ETH vs. $BTC will breakout from here. The reason I'm referring to this chart is the fact that I'm looking at MA's on the weekly timeframe. - Copper vs. Gold has been downtrending for four years and has been breaking above it recently. The reason that #Altcoins have suffered for so long hasn't got much to do with crypto as a whole, mostly it has something to do with the macroeconomic playing field. It's been absolutely terrible and as the business cycle starts to pick up, it's time to be longing into riskier assets like #Crypto. - $ETH vs. $BTC on the weekly timeframe has been downtrending for four years straight. It hasn't been breaking out of the downtrend as of yet, but it's a matter of time. The primary reason for that is that the markets are lagging behind on Copper/Gold. Everytime Copper vs. Gold have seen a bottom and start breaking their trend into an upwards trend, it's taking 3-6 months before $ETH vs. $BTC follows through. As this breakout on Copper vs. Gold has already been happening in Q1 of this year, it's simply a matter of weeks until Ethereum will do the exact same, dragging the markets for #Crypto further upwards.”

“#Bitcoin continues to hold above the crucial 21-Day and 50-Day MA's. This is a strong signal for the markets to be betting on the long side of this asset, however, it's still a little fragile. I'd much prefer to see a strong move to $66,000-67,000 over the next 1-3 days to see a continuous bid coming in. Wednesday: FOMC meeting, usually a risk-off appetite prior to the event and then a risk-on appetite after. If $67,000 breaks, the path towards $73,000-75,000 seems imminent.”

“$ETH looks great, I assume that we'll see a slight consolidation before another leg upwards is on the cards. Matter of time until it runs towards $2,500 (which is the other side of the range). https://t.co/YOJXmldKGT”

“Very likely the bottom is in on everything. I'm betting most on the $ETH ecosystem, and I think that #Altcoin will outperform #Bitcoin. Big week upon us.”