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Bitcoin Primed To Hit New All-Time High Once BTC Breaks Above This Resistance Level, According to Trader Michaël van de Poppe – The Daily Hodl

22 June 2025
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Cryptocurrency analyst and dealer Michaël van de Poppe says Bitcoin (BTC) is exhibiting indicators of turning bullish.

Van de Poppe tells his 792,200 followers on the social media platform X that Bitcoin may soar above the $112,000 value and hit a brand new all-time excessive if BTC manages to interrupt above the resistance stage at round $108,900.

“Bitcoin trending again upwards, which is a good signal.”

Supply: Michaël van de Poppe/X

Based mostly on the broadly adopted analyst’s Bitcoin chart on the four-hour time-frame, it seems Van de Poppe sees BTC witnessing a dip to the zone round $100,000 if the crypto king loses $105,500 as assist.

Bitcoin is buying and selling at $105,617 at time of writing.

Subsequent up is the scaling resolution Optimism (OP). In accordance with the broadly adopted analyst and dealer, Optimism has fashioned a bullish divergence in opposition to Bitcoin on the three-day time-frame.

A bullish divergence varieties when value makes decrease lows or tendencies sideways whereas an indicator such because the Relative Power Index (RSI) is forming larger lows. Van de Poppe says that the bullish divergence OP is forming may point out the altcoin is “more likely to flip round actually quickly” in opposition to Bitcoin.

Image
Supply: Michaël van de Poppe/X

OP is buying and selling at 0.00005373 BTC ($0.561) at time of writing.

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Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses you might incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in internet online affiliate marketing.

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Tags: AllTimeBitcoinBreaksBTCDailyhighHitHodllevelMichaëlPoppePrimedResistanceTradervan
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