Bitcoin Eyes Consolidation at $90,000 Before Potential ATH, Says Top Expert
Crypto trader Michaël van de Poppe believes Bitcoin (BTC) is entering a brief consolidation phase before resuming its uptrend.
The popular analyst suggested BTC is now stabilizing in the $93,500–$95,250 range and preparing for a potential breakout to new all-time highs.
“Solid upwards trend, break $87,000 and we’ll test $92,000–$94,000 for Bitcoin. That’s what we’re seeing right now,” van de Poppe noted. “This is the area for a short-term top and some consolidation. Great signs on the board. It’s very likely that we’ll start the uptrend to an ATH (all-time high).”
Bullish Divergence Forming for Ethereum Against Bitcoin
Van de Poppe also turned his attention to the Ethereum/Bitcoin (ETH/BTC) pair, where he sees a potential bullish divergence forming on the daily chart. A bullish divergence is typically interpreted as a positive momentum shift, especially when confirmed by indicators like the Relative Strength Index (RSI) showing higher lows while price hits lower lows.
“A potential bullish divergence on ETH. On lower timeframes: reclaim within the range against Bitcoin,” he explained. “On the day that gold provides a wick and seems likely to have peaked short-term. As long as it holds ~1,820 sats, I think we’ll attack 2,000 sats in the coming days.”
The analysis suggests growing strength for Ethereum against Bitcoin, particularly if ETH can maintain support above key satoshi levels.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
