According to Michaël van de Poppe (@CryptoMichNL), Bitcoin (BTC) is testing a crucial resistance level at the start of the week, signaling potential momentum for traders. Concurrently, gold's consolidation phase is translating into immediate upward momentum for altcoins, suggesting a possible rotation of capital within crypto markets. Market participants are closely monitoring developments from the Middle East and upcoming Federal Reserve announcements for any news-driven volatility that could impact crypto price action. Traders should pay attention to these macro events as altcoin markets approach a pivotal point. Source: @CryptoMichNL (June 16, 2025).

According to Michaël van de Poppe (@CryptoMichNL), the ongoing confirmation of bearish divergence in US 2-year yields points to a continued downward trend, accompanied by rising M2 supply and a consolidation phase for gold. For traders, this macro trend suggests a shift towards risk-on assets, which historically benefits the cryptocurrency market as lower yields and higher liquidity often drive capital into BTC and ETH. Monitoring US Treasury yields and M2 money supply fluctuations is crucial for anticipating volatility and potential bullish momentum in digital assets. (Source: Twitter @CryptoMichNL, June 12, 2025)

According to Crypto Rover, recent trading activity shows that as gold enters a consolidation phase, Bitcoin is experiencing increased upward momentum. Data from May 2, 2025, indicates Bitcoin's price is starting to decouple from gold, with volume and volatility rising on major exchanges (source: Crypto Rover via Twitter). Traders are advised to monitor Bitcoin’s breakout levels and resistance zones closely, as this shift could signal a strong bullish trend for BTC in the near term.

According to Michaël van de Poppe, the recent rally in Bitcoin is potentially inflated due to the approval of the Bitcoin ETF and the support from the U.S. government. He suggests that while gold traditionally supports Bitcoin momentum, the current situation may indicate a necessary consolidation phase for gold. This analysis implies possible caution for traders considering the current Bitcoin rally, as it might not be solely driven by organic market forces.