Well now, on a Friday that felt more like a tumble down the stairs, Bitcoin found itself nosediving to a staggering 25% dip from its illustrious peak of $109,000—an all-time high achieved under the watchful eye of the man with a golden hairdo, President Trump, back on that fateful day in January.
Enter one Michaël van de Poppe, a fellow who fancies himself a prophet of the crypto realm. This whimsical fund manager has likened our current plight in the realm of Bitcoin to the grand calamity known as the COVID crash of 2020, a time when we all learned that toilet paper was indeed more precious than gold!
Another Crypto Crash? Buckle Your Seatbelts! 🚀
As van de Poppe mused in his post dated April 8, “The markets sure give me a sense of déja vu, like rewatching a bad movie with a rather alarming plot twist.”
“A massive dump, and right then we sprang back up like a jack-in-the-box, leading to an epic bull market lasting a year and a half!” he declared.
The markets sure give me a sense of déja vu.
A massive dump, and right then we sprang back up like a jack-in-the-box, leading to an epic bull market lasting a year and a half!
— Michaël van de Poppe (@CryptoMichNL) April 8, 2025
And lo and behold, a commenter on this digital soapbox chimed in, “The similarities are striking. After a sharp patch, Bitcoin’s tenacity could pave the way for another grand parade of bull market delight.”
Van de Poppe also imparted sagely wisdom: “It’s less about where the markets will hop tomorrow and more about where they’ll land six months from now. Better start spinning your investment yarns, folks!”
According to the tales of yore, Bitcoin tends to climb like a ladder to the moon over these six-month escapades, often outshining the usual stocks back on Main Street.
“If this correction mirrors that of March ‘20, we’re poised for an exhilarating upward gallop on Bitcoin and its merry companions, the Altcoins!”
It’s less about where the markets will hop tomorrow.
More about where they’ll land six months from now and better start spinning your investment yarns, folks!
If this correction mirrors that of March ‘20, we’re poised for an exhilarating upward gallop on Bitcoin and…
— Michaël van de Poppe (@CryptoMichNL) April 8, 2025
Climbing the Bitcoin Bull Market Ladder 🐂
Just a tick earlier, van de Poppe peered into his crystal ball and spotted Bitcoin charging towards the $80,000 mark like a bull on parade:
“Bitcoin reaching for $80,000 is a powerful omen!”
He went on to say:
“Now, whether we shall tumble down once more or if we’ve reached the pinnacle remains a mystery. But with all this liquidity floating about, six to twelve months down the line, we might just find the prices soaring like eagles.”
Bitcoin reaching for $80,000 is a powerful omen!
Now, whether we shall tumble down once more or if we’ve reached the pinnacle remains a mystery.
But with all this liquidity floating about, six to twelve months down the line, we might just find the prices soaring like eagles.
— Michaël van de Poppe (@CryptoMichNL) April 8, 2025
With Bitcoin once again gallivanting above $83,000 a mere two days after his proclamation, finding solace at the $78,700 and $79,000 checkpoints on April 10, it seems the oracle’s words might be more than just fanciful musings.
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2025-04-13 19:34