Bitcoin traders are closely watching the market as expert analyst Michaël van de Poppe shares insights on BTC's potential base formation. According to his recent tweet on November 22, 2025, the cryptocurrency is likely entering a consolidation phase where it will test key support and resistance levels repeatedly. This range-bound period could set the stage for a significant directional move, with van de Poppe predicting a test of the $100,000 mark in the next 3-4 weeks. For traders, this scenario presents opportunities to monitor price action around critical zones, including multiple tests of recent lows and the $87,000 to $90,000 resistance area. As BTC navigates this phase, understanding these dynamics is crucial for identifying entry points and managing risks in volatile crypto markets.

Analyzing BTC's Base Formation and Key Price Levels

In his analysis, van de Poppe emphasizes that building a base for Bitcoin often involves repeated tests of support and resistance, which can frustrate short-term traders but reward those with patience. The lows, potentially around the $80,000 region based on recent price history, may be probed multiple times to confirm buyer interest. Similarly, the $87,000 to $90,000 zone acts as a formidable resistance barrier, where sellers could step in during rallies. This back-and-forth action is typical in range-bound markets, where trading volume often decreases until a breakout catalyst emerges. For instance, if BTC holds above its recent lows during these tests, it could signal accumulating strength, paving the way for an upside breakout. Traders should watch on-chain metrics like whale activity and exchange inflows, which could provide early clues about shifting sentiment. Incorporating technical indicators such as the Relative Strength Index (RSI) or Moving Averages, a neutral RSI around 50 might indicate the consolidation phase, while a bullish divergence could foreshadow the predicted move toward $100,000.

Trading Strategies for Range-Bound BTC

To capitalize on this setup, savvy traders might employ range trading strategies, buying near the lows with stop-losses just below support to mitigate downside risks. For example, entering long positions on dips toward $82,000-$85,000, assuming that's near the current lows, and targeting sells at $87,000-$90,000 could yield short-term profits during the base formation. Volume analysis is key here; spikes in trading volume during tests of highs or lows often indicate the range's validity or impending break. Van de Poppe notes that this period could be short-lived, so monitoring macroeconomic factors like interest rate decisions or institutional inflows is essential. If Bitcoin breaks above $90,000 with conviction, it could accelerate toward the $100,000 test, offering breakout traders a high-reward opportunity. Conversely, failure to hold the lows might lead to a deeper correction, perhaps testing $75,000, highlighting the importance of position sizing and risk management in crypto trading.

Beyond immediate price action, this base formation aligns with broader market trends, where Bitcoin often consolidates after sharp rallies to digest gains. Historical patterns, such as the post-halving consolidations in previous cycles, suggest that such phases precede major uptrends. For investors eyeing the $100,000 milestone, van de Poppe's 3-4 week timeline implies a potential rally of over 10-15% from current levels, depending on the exact starting point. This optimism is bolstered by growing institutional adoption, with entities like spot ETF providers reporting increased inflows. Traders should also consider correlations with altcoins; a BTC base could stabilize the broader market, allowing for rotational plays into Ethereum or other majors. However, external risks like regulatory news or geopolitical events could disrupt this trajectory, so staying informed through reliable channels is vital.

Market Implications and Long-Term Outlook for Bitcoin

Looking ahead, if van de Poppe's prediction holds, testing $100,000 could mark a psychological turning point, potentially attracting more retail and institutional capital into the crypto space. This move might coincide with year-end market dynamics, where tax-loss harvesting and portfolio rebalancing influence price. For those trading BTC/USD or BTC/USDT pairs on exchanges, keeping an eye on 24-hour trading volumes—often exceeding $50 billion during volatile periods—can signal momentum shifts. In summary, this base formation phase underscores the cyclical nature of Bitcoin markets, offering traders a window to position for the next leg up. By focusing on confirmed breakouts and avoiding overleveraged trades, participants can navigate this period effectively, turning consolidation into profitable opportunities.