Bitcoin (BTC) Hits New ATH: Liquidity Sweep and $120K–$121K Day-Trade Buy Zone Identified by Michaël van de Poppe

According to @CryptoMichNL on X, Bitcoin (BTC) has just printed a new all-time high, sweeping liquidity above prior peaks, which he views as confirmation of strength (source: @CryptoMichNL on X). According to @CryptoMichNL on X, the prevailing trend remains up until proven otherwise, so pullbacks are framed as buy-the-dip opportunities (source: @CryptoMichNL on X). According to @CryptoMichNL on X, he is watching the $120,000–$121,000 area as a potential intraday buy zone for day trading (source: @CryptoMichNL on X).
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Bitcoin Hits New All-Time High: Trading Insights and Opportunities in the Upward Trend
Bitcoin has once again made headlines by printing a new all-time high, surging past previous peaks and capturing liquidity in the process. According to trader Michaël van de Poppe, this milestone reinforces the ongoing bullish trend in the cryptocurrency market. As of August 14, 2025, BTC's price action demonstrates clear upward momentum, with the expert advising that dips should be viewed as buying opportunities rather than signals of reversal. This perspective aligns with the broader market sentiment, where Bitcoin's resilience continues to attract institutional and retail investors alike, driving sustained interest in crypto trading strategies.
In this dynamic environment, traders are focusing on key levels for potential entries. Van de Poppe specifically highlights the $120,000 to $121,000 range as an ideal area for day trading setups. This zone could serve as a support level during short-term pullbacks, offering a strategic point to accumulate positions amid the prevailing uptrend. Without real-time market data at this moment, historical patterns suggest that such dips often precede further rallies, especially when Bitcoin breaks ATHs. For instance, previous cycles have shown volume spikes around liquidity grabs, with trading volumes potentially exceeding billions in daily turnover on major exchanges. Traders should monitor on-chain metrics like active addresses and transaction volumes to gauge the strength of this move, ensuring they align their strategies with concrete data points.
Analyzing Bitcoin's Price Momentum and Support Levels
Diving deeper into the trading analysis, Bitcoin's recent ATH print underscores a trend that remains bullish until proven otherwise. The cryptocurrency's ability to take liquidity at higher levels indicates strong buyer interest, potentially pushing prices toward even loftier targets. If we consider resistance levels, a breakthrough above the current high could target $130,000 or beyond, based on Fibonacci extensions from prior swings. Conversely, the suggested $120-121K area acts as a critical support, where traders might look for reversal patterns like bullish engulfing candles on the 1-hour or 4-hour charts. Incorporating market indicators such as the Relative Strength Index (RSI), which often hovers in overbought territory during such runs, can help identify overextension risks. For example, if RSI approaches 70-80 without divergence, it supports continued upside, encouraging long positions on dips.
From a broader perspective, this Bitcoin surge has implications for correlated assets, including altcoins and even stock market sectors tied to tech and finance. Institutional flows, as seen in ETF inflows, could amplify this trend, with reports indicating billions in capital entering the space. Trading volumes across pairs like BTC/USD and BTC/ETH often spike during these periods, providing liquidity for scalpers and swing traders. To optimize entries, consider using stop-loss orders just below the $120K support to manage risk, while targeting take-profit levels at 1-2% gains for day trades. This approach not only capitalizes on the uptrend but also mitigates volatility inherent in crypto markets.
Strategic Trading Tips for Bitcoin's Bullish Phase
For those engaging in Bitcoin trading, the current scenario presents multiple opportunities. Dips to the $120-121K zone, as noted by van de Poppe on August 14, 2025, could be prime for accumulation, especially if accompanied by increased on-chain activity. Metrics such as the 24-hour trading volume, which historically surges during ATH breaks, offer validation for bullish theses. Traders should also watch for correlations with global events, like economic data releases, which might influence sentiment. In terms of risk management, diversifying across pairs and using leverage cautiously is advisable to avoid liquidation in volatile swings. Overall, this phase emphasizes buying the dips in a confirmed uptrend, potentially leading to substantial returns for disciplined traders.
Wrapping up, Bitcoin's new ATH and liquidity capture signal a robust market phase, with the $120-121K area emerging as a focal point for day trading. By integrating technical analysis, on-chain data, and market sentiment, investors can navigate this uptrend effectively. As always, staying updated with verified sources ensures informed decisions in the ever-evolving crypto landscape.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast