According to Michaël van de Poppe, Bitcoin (BTC) continues its upward momentum while gold and oil are both experiencing slight corrections. Altcoins are outperforming the broader crypto market, suggesting increasing trader interest in high-risk assets. Van de Poppe highlights that if gold drops below $3,400 this week, it could signal a stronger risk-on appetite, likely benefiting cryptocurrencies such as Bitcoin and major altcoins. Traders should monitor gold’s price action closely for further confirmation of bullish sentiment in the crypto markets. (Source: Twitter @CryptoMichNL, June 16, 2025)

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin is displaying a strong rebound on its price chart, suggesting ongoing upward momentum. He highlights that the Federal Open Market Committee (FOMC) meeting and potential gold corrections are critical for traders, as a gold decline could signal the start of a new business cycle. This macroeconomic shift is likely to impact Bitcoin trading volumes and sentiment, with traders closely watching for volatility and breakout opportunities following the FOMC announcement (source: Twitter/@CryptoMichNL, May 6, 2025).