Analyst Michaël van de Poppe Foresees Bitcoin Surge Amid Clarity on Fed and Tariffs

Crypto analyst Michaël van de Poppe has suggested that Bitcoin could be on the edge of a significant upward move. This prediction hinges on two key macroeconomic factors: Federal Reserve interest rate decisions and future U.S. trade tariffs under President Donald Trump. According to van de Poppe, Bitcoin has been in a consolidation phase for the last two months, creating conditions for a potential breakout.

As of April 19, Bitcoin is trading at approximately $84,576, with little change in its daily value. Market players are watching closely for any shifts from the Federal Reserve, particularly possible interest rate cuts anticipated later this year. These cuts, combined with decisions on U.S. tariffs, could significantly influence global market sentiment—as well as Bitcoin’s trajectory.

Potential Catalysts for a Breakout

Federal Reserve Policy: A confirmed move toward interest rate cuts could serve as a bullish signal for crypto markets.
Trade Tariff Clarity: Trade policies under the new Trump administration could affect economic stability and risk appetite.

If these uncertainties are resolved, van de Poppe believes Bitcoin could reach new all-time highs before the end of the quarter. He also suggests that Bitcoin may outperform gold over the next 12 months due to its higher volatility and stronger growth potential.

The Broader Financial Context

This prediction comes amidst general caution in global financial markets. Investors remain concerned about potential recessions and tightening liquidity, both of which impact investment strategies. A Bitcoin breakout from its current trading range could mark renewed bullish momentum for digital assets as investors seek alternatives in a changing macroeconomic environment.

For more details, read the full article on The Daily Hodl.

Potential Catalysts for a Breakout

The Broader Financial Context

Related posts: