Renowned crypto analyst MICHAËL VAN DE POPPE has sparked excitement in the digital asset community by predicting an imminent and explosive breakout in the cryptocurrency markets. According to Van de Poppe, this potential surge is tied to a critical macroeconomic factor: central banks cutting interest rates to stimulate the economy.
In a detailed thread on X (formerly Twitter), the analyst, who boasts a following of over 783,200, highlighted the historical correlation between liquidity injections and crypto market rallies. He suggested that the current environment could trigger what he describes as the “Banana Zone”—a term used in crypto circles to denote a period of rapid and significant price appreciation.
“ECB (European Central Bank) doing a rate cut. Trump attacking [Fed Reserve chair] J. POWELL. It’s around the corner, the Banana Zone,” Van de Poppe wrote.
The analyst also turned his attention to Bitcoin, noting that the flagship cryptocurrency is gaining momentum and could soon breach a critical resistance level of $86,549. He expressed optimism about Bitcoin’s trajectory, stating, “Bitcoin is approaching $85,000 and targets the breakout. Getting excited. Good things are coming.”
Van de Poppe further projected that Bitcoin could reclaim six-figure valuation levels before the end of June, emphasizing the potential for a significant upward move. “Bitcoin is still nicely consolidating between the two levels. The test at $87,000 did happen, and I think that we’ll see a big breakout once we’ll retest it again. What’s next? Likely a run to an all-time high at the end of this quarter,” he added.
However, the analyst cautioned that Bitcoin must maintain its support level above $80,000 to sustain its bullish momentum. “Bitcoin is still stuck in the range, and as long as it stays above $80,000, I think we’ll be fine with further upwards momentum on this one,” he noted.
At the time of writing, Bitcoin is trading at $84,572, showing minimal daily fluctuation.
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