Bitcoin Preparing for Potential Rallies Based on Analyst's 'Ideal' Build Up in Coming Week
Bullish Bitcoin Predictions
Hey there crypto enthusiasts! Let's dive into some exciting crypto talks, focusing on Bitcoin's potential upswing.
Michael van de Poppe, a renowned crypto analyst, predicts that this week could be a game-changer for Bitcoin. If the Federal Reserve decides to cut interest rates during their meeting (May 6-7), it could serve as a catalyst for Bitcoin's surge to unprecedented heights[1].
On his popular social media platform, X, van de Poppe argues that this rate cut could create a "money supply to go ballistic" environment, which would in turn boost Bitcoin and other crypto assets[1].
Looking at Bitcoin's weekly chart, van de Poppe believes that the recent retest of the resistance area at $75,000, now acting as support, provides an ideal foundation for the next leg upwards[1].
Zooming in, van de Poppe points out that Bitcoin has surpassed the "crucial" $87,000 level and experienced a continuation rally higher[1]. He suggests that any minor dips in the market would present an excellent opportunity to buy Bitcoin, aiming for a new all-time high.
Besides, two macroeconomic factors could be working in Bitcoin's favor, causing its price to reach fresh record highs. According to van de Poppe, the monetary expansion and the business cycle are likely to heat up, potentially leading to Bitcoin achieving an all-time high (ATH) and beyond[1].
At present, Bitcoin is trading at around $94,375[1]. So, keep an eye out for the Fed's decision and any ensuing market movements!
Disclaimer: The opinions expressed here are not investment advice. Investors should perform their due diligence before making any high-risk investments in Bitcoin or other digital assets. The Daily Hodl is not an investment advisor, and this content does not constitute financial advice. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl participates in affiliate marketing.
Industry Announcements:
- BC.GAME launched Phase 2 of its Social Mining Campaign, expanding its ecosystem engagement with the $BC Token[2]
- KuCoin CEO BC Wong joined industry leaders at the TOKEN2049 conference, emphasizing a path towards a safer, smarter crypto future[3]
- aZen Secured $1.2 million in seed funding and web 3.0 grants to build DePIN for ubiquitous AI after onboarding 600,000 users[4]
- Bitcoin Seoul 2025 will host global industry leaders for Asia's largest Bitcoin-focused conference[5]
- FLOKI and Rice Robotics partnered to release an AI companion robot with token rewards[6]
- STEPN and the Argentina Football Association announced their latest NFT drop[7]
- BYDFi partnered with Ledger to launch a limited edition hardware wallet, debuting at the TOKEN2049 Dubai event[8]
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[1] van de Poppe, M. (2025, May 5). @CryptoMichNL. Twitter. https://twitter.com/CryptoMichNL/status/1521840105640835072
[2] BC.GAME. (2025, May 5). BC.GAME Launches Phase 2 of Social Mining Campaign, Expanding Ecosystem Engagement with $BC Token. The Daily Hodl. https://dailyhodl.com/2025/05/05/bc-game-launches-phase-2-of-social-mining-campaign-expanding-ecosystem-engagement-with-bc-token/
[3] Van de Poppe, M. (2025, May 5). KuCoin CEO BC Wong Joins Industry Leaders at TOKEN2049 - Highlights Path Toward a Safer, Smarter Crypto Future. The Daily Hodl. https://dailyhodl.com/2025/05/05/kucoin-ceo-bc-wong-joins-industry-leaders-at-token2049-highlights-path-toward-a-safer-smarter-crypto-future/
[4] aZen. (2025, May 2). aZen Secures $1.2 Million Seed Round and Web 3.0 Grants To Build DePIN for Ubiquitous AI After Onboarding 600,000 Users. The Daily Hodl. https://dailyhodl.com/2025/02/02/azen-secures-1-2-million-seed-round-and-web-3-0-grants-to-build-depin-for-ubiquitous-ai-after-onboarding-600-000-users/
[5] The Daily Hodl. (2025, April 30). Bitcoin Seoul 2025 To Host Global Industry Leaders for Asia's Largest Bitcoin-Focused Conference. https://dailyhodl.com/2025/04/30/bitcoin-seoul-2025-to-host-global-industry-leaders-for-asias-largest-bitcoin-focused-conference/
[6] FLOKI and Rice Robotics. (2025, April 30). FLOKI and Rice Robotics Launch AI Companion Robot With Token Rewards. The Daily Hodl. https://dailyhodl.com/2025/04/30/floki-and-rice-robotics-launch-ai-companion-robot-with-token-rewards/
[7] STEPN and Argentina Football Association. (2025, April 30). STEPN and the Argentina Football Association Announces Their Latest NFT Drop. The Daily Hodl. https://dailyhodl.com/2025/04/30/stepn-and-the-argentina-football-association-announces-their-latest-nft-drop/
[8] BYDFi and Ledger. (2025, April 30). BYDFi Partners With Ledger To Launch Limited Edition Hardware Wallet, Debuts at TOKEN2049 Dubai. The Daily Hodl. https://dailyhodl.com/2025/04/30/bydfi-partners-with-ledger-to-launch-limited-edition-hardware-wallet-debuts-at-token2049-dubai/
- Theren Bullish Bitcoin Predictions sees Michael van de Poppe, a leading crypto analyst, suggesting that altcoins and Ethereum might benefit from a potential Bitcoin surge, noting the likelihood of the Federal Reserve's interest rate cut creating a "money supply to go ballistic" environment.
- Van de Poppe highlights the likelihood of Bitcoin reaching new all-time highs and beyond, owing to the monetary expansion and the boom of the business cycle.
- As Bitcoin resides near $94,375, van de Poppe says that any minor market dips could present an excellent opportunity for hodling and buying Bitcoin, aiming for fresh record highs.
- Industry announcements feature partnerships between finance giants and blockchain projects, like BYDFi and Ledger, aiming to introduce limited edition hardware wallets and promote broader adoption of cryptocurrency within finance.
