Crypto analyst Michaël van de Poppe warns that elevated volatility hurts Bitcoin, while a lower VIX fuels gains as BTC acts as a higher-beta play on the Nasdaq. He points to approaching low-volatility periods driving risk-on sentiment, reversing Q1 corrections in the crypto market after high uncertainty spiked risk-off moves. This aligns with recent trends where Bitcoin mirrored Nasdaq dips, but now sets up for stronger performance across crypto assets, tying into BTC price prediction models and crypto market volatility forecasts.

On the 4-hour chart, Bitcoin holds a bullish structure with price at $75396.9 grinding above the EMA50 at $74478.38 and well clear of the EMA200 support at $71763.47, signaling sustained upward momentum despite a bearish MACD death cross at 28.63. Neutral RSI at 51.93 keeps things balanced, but with price trading inside Bollinger Bands—upper resistance at $77825.08 capping gains and lower support at $73800.86 providing a firm floor—a push toward that upper band could trigger volatility exhaustion. Confluence here screams caution: if we test the upper resistance while MACD lags, expect a quick dip back to EMA50 support before resuming the bull run, much like the consolidations we saw in late 2025 that preceded fresh highs.