Bitcoin’s Dazzling Dance: Will It Soar or Stall? 💃💰

Ah, the ever-charming analyst and trader, Michaël van de Poppe, has graced us with his predictions! He believes our dear Bitcoin (BTC) is poised for a delightful ascent after it has gallantly breached a new all-time high. How positively thrilling! 🎉

With a flourish, Van de Poppe informs his 795,200 adoring fans on the social media platform X that Bitcoin could pirouette its way to a staggering $250,000 by the fourth quarter – a dazzling increase of around 112% from its current level. One can only hope it doesn’t trip on its own shoelaces! 😏

According to our beloved analyst, Bitcoin might flirt with a price of $125,000 this month and perhaps even $150,000 between July and the end of September. But, dear friends, do not hold your breath just yet! Van de Poppe anticipates a little pause in the festivities before we reach those lofty heights.

“Probably going to stall for a little before we’ll continue.”

As of this very moment, Bitcoin is trading at a rather respectable $117,915, having waltzed up by around 10% over the past week. Quite the performance, wouldn’t you agree? 💃

Now, let us turn our gaze to Ethereum (ETH), the second-largest crypto darling. Van de Poppe suggests it appears bullish and could rise to heights last seen in November of 2021. How positively nostalgic! 🌟

“A vertical candle upwards.”

“Now, some patience and then we’ll continue to the all-time highs.”

Ethereum is currently trading at $2,980, having enjoyed a nearly 20% rise over the past week, though it remains about 40% shy of its all-time high from nearly four years ago. Oh, the drama! 🎭

Lastly, our dear Van de Poppe believes the downtrend in the total market capitalization of altcoins versus Bitcoin is about to take a delightful turn. He claims altcoins are forming a bullish divergence against Bitcoin on the weekly time frame – a sign that they might just be bottoming out against our flagship crypto asset. How riveting! 📈

A bullish divergence, for those not in the know, occurs when the price of an asset is forming lower lows while an oscillator like the relative strength index (RSI) is forming higher highs. Quite the conundrum, isn’t it? 🤔

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2025-07-12 13:19

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