Cryptocurrency analyst and trader Michaël van de Poppe is bullish on Bitcoin (BTC).
Van de Poppe tells his 169,000 YouTube subscribers that he expects Bitcoin to rise by around 60% over the course of 2025.
According to the analyst, Bitcoin will experience a longer bullish cycle in the coming months.
“I don’t expect Bitcoin to peak in 2025 because I expect a lot more money will be needed to actually push Bitcoin up or get it into the markets. That’s why I think the cycles will lengthen and they will be based on macroeconomic perspectives rather than the four-year cycle with halvings.
Therefore, I think Bitcoin will break through $150,000 this year and stay there for a while until we can start expanding into 2026.”
According to Van de Poppe, Bitcoin’s rally is being driven in part by macroeconomic catalysts.
“We can see that the global money supply is starting to grow while the US money supply is just lagging behind. There is still a lot to look forward to from the US and I think labor markets will be weaker in 2025 and the likelihood of a recession has increased…
