Michaël van de Poppe

“We just printed new lows on Bitcoin, sentiment is the worst I've seen this entire cycle, and everyone and their mother is short. That's exactly the kind of setup that tends to reverse the hardest. In this update I break down why I think the market is bottoming, what's really behind the STRC panic dragging Bitcoin down, and what I've been doing with my altcoin portfolio this month. What I cover: – Bitcoin: we broke the 200-week MA but price stalled instead of cascading, why that tells me demand is absorbing the selling, and the 61K and 67K levels I'm watching for confirmation. – The short-squeeze setup: Coinbase premium and funding rate both deeply negative, the fuel is sitting on the short side, not the long side. – The STRC / Saylor panic: why the "Strategy goes to zero" narrative doesn't hold up, and the digital-credit update that de-risks the whole thesis. – Macro: the inflation read pointing to no hikes for the next 6 months, and what that historically means for risk assets. – My portfolio: why I'm changing how I run it, taking profits into strength instead of holding full positions through everything and why I added to NEAR on the back of its revenue growth. – Watchlist: SUI and the multi-timeframe divergence I've been tracking against Bitcoin. We're hitting the same on-chain and sentiment levels we saw at every previous bear market bottom, 2018, 2022, and now. How you handle this part of the cycle is what decides the next one. Thanks to @vestexchange for sponsoring this video. VEST is my partner for funded trading. They have an in-house exchange where you can trade on all assets. Get a $10,000 funded account for less than $60 with my 50% discount code ‘POPPE’ here: Full breakdown 👇”

“The markets are reacting with a shock response to this news. $BTC drops, and it's clearly valuing the potential impact that Strategy can continue to sell #Bitcoin going forward. However, I wouldn't be surprised to see a message in the coming days that they've been buying more $BTC than they've sold.”

“@CryptoJelleNL Despite that, it's actually a good signal that $STRC bounces back upwards. I'd much rather want it to be at $99-100, but given the conditions last week, this is a good bounce.”

“I don't think that the bearish divergences are actually applicable to the markets. $ETH has a completely different picture at this point; it shows much more strength. ➡️ - The $ETH / $BTC pair has seen the strongest weekly candle in more than a year. ➡️ - The bullish divergence on multiple timeframes on $ETH / $USD is strong. ➡️ - The bearish divergence (which we see on #Altcoins) is not valid on Ethereum. I do think there's more upside to come in the coming period rather than another sweep lower.”

“The game isn't complicated at all. If #Bitcoin approaches, hits, and accumulates around the 200-Week MA. That's where you accumulate. When do you sell? In the 1-2 years after. History has proven that this is the best strategy, and the future will continue to prove this. https://t.co/Aop4fJo3sh”

“@gazza_jenks @VitalikButerin @TheBlockCo In 3-4 years, add a zero to the price.”

“Everything is moving in the correct direction for $ETH. Probably some consolidation here, but given that the recent weekly close is the strongest we've seen in close to a year, I expect to see more upside in the near future for Ethereum. https://t.co/rJTzhdq20d”

“@TedPillows It's always the start of the week, make the low of the week and start running back upwards over the course of the coming week.”

“Nothing has changed on #Bitcoin. There are conflicting theories: - There's a strong bullish divergence indicating that the markets are about to reverse upwards. - There's a potential bearish divergence as price isn't making a higher high, while the indicators are currently doing that. I do like to give the bullish divergences more credit given the fact that there are also bullish divergences on the higher timeframes for $BTC. In that way, I assume we'll see $61K hold as support and the markets turn back upwards over the coming few days. You'd much rather don't want to see a big correction here.”

“I'm going to be very happy if there's a shallow correction on $BTC and a quick move upwards after that. We'll be back above the 200-Week MA and are likely going to be leaving behind the current price action and bear market. https://t.co/MmEuPE0LUP”

“My main thesis remains the same. I think that we're either bottoming on $BTC or we're accumulating. The more that the fear spreads away, and the higher Bitcoin goes, the higher the altcoins will move. ➡️ - #Bitcoin breaking above $65,000 ➡️ - #Altcoins breaking upwards out of their 1-year downtrend. ➡️ - Momentum for 1-2 months where altcoins become slightly overvalued. ➡️ - Correction in September/October. ➡️ - New big uptrend in Q4 on the entire markets. The markets are likely going to be easier to trade.”

“The #Bitcoin dominance is trending down, as it's currently beneath the 21-Week MA and the 50-Week MA. Sure, it's still not clearly trending down, but multiple arguments could make it happen. ➡️ - Clarity Act triggers a flow of liquidity coming back into the markets. ➡️ - AI Bubble passing on --> risk liquidity looking for new traders and I think that this will be happening within crypto. ➡️ - Clearly trending beneath those MA's indicating that there's a downtrend until proven otherwise. ➡️ - $ETH vs. $BTC breaking upwards, through which all of the infrastructure plays are showing strength (Solana and Ethereum). I do assume that we'll see a breakdown here, and therefore a break upwards on $ETH vs. $BTC. Altcoin markets are looking great.”

“The #Bitcoin dominance is trending down, as it's currently beneath the 21-Week MA and the 50-Week MA. Sure, it's still not clearly trending down, but multiple arguments could make it happen. ➡️ - Clarity Act triggers a flow of liquidity coming back into the markets. ➡️ - AI Bubble passing on --> risk liquidity looking for new traders and I think that this will be happening within crypto. ➡️ - Clearly trending beneath those MA's indicating that there's a downtrend until proven otherwise. ➡️ - $ETH vs. $BTC breaking upwards, through which all of the infrastructure plays are showing strength (Solana and Ethereum). I do assume that we'll see a breakdown here, and therefore a break upwards on $ETH vs. $BTC. Altcoin markets are looking great.”

“The #Bitcoin dominance is trending down, as it's currently beneath the 21-Week MA and the 50-Week MA. Sure, it's still not clearly trending down, but multiple arguments could make it happen. ➡️ - Clarity Act triggers a flow of liquidity coming back into the markets. ➡️ - AI Bubble passing on --> risk liquidity looking for new traders and I think that this will be happening within crypto. ➡️ - Clearly trending beneath those MA's indicating that there's a downtrend until proven otherwise. ➡️ - $ETH vs. $BTC breaking upwards, through which all of the infrastructure plays are showing strength (Solana and Ethereum). I do assume that we'll see a breakdown here, and therefore a break upwards on $ETH vs. $BTC. Altcoin markets are looking great.”