Cryptocurrency analyst Michaël Poppe outlines the projected timeline for Bitcoin, as the leading digital asset is expected to reach new highs after a period of volatility.
Pop stated that historical patterns, combined with recent adjustments and current chart signals, suggest the uptrend will continue, with the next historical high potentially surpassing the previous $126,000 level.
On April 20 at XPostal, Pop pointed out that Bitcoin typically sets a new all-time high within 12 months after a significant pullback.
Notably, over the past few months, Bitcoin has briefly fallen below the $100,000 support level and faces the risk of dropping below $60,000, with some analysts suggesting the asset could decline further.
Pop added that, in the short term, similar historical market structures suggest that Bitcoin typically rebounds 30% to 60% above its local low within three to six months following such a decline. Based on this, he believes Bitcoin could approach the $100,000 mark in the third quarter of 2026.
From a statistical perspective, after such an adjustment, #Bitcoin achieves a new all-time high within 12 months.
— Michael van de Poppe (@CryptoMichNL)April 20, 2026
Within 3 to 6 months after such an anomaly occurs, Bitcoin's trading price rises 30-60% above the low point.
This will make $100,000 a significant amount by the third quarter of 2026.
Bitcoin is currently in a transitional phase before the next upward movement.
This view is that based on recent price movements, Bitcoin is entering a consolidation phase after a significant decline.
Despite the pullback, the structure has shifted into a series of higher lows, indicating a gradual recovery and an uptrend.
The price has held above a key support area, which is considered crucial for maintaining upward momentum, while short-term moving averages have also begun to turn upward, further reinforcing the recovery trend.
His analysis also points to a resistance zone around the mid-$80,000 level for Bitcoin. Currently, Bitcoin is slowly approaching this level, with price action tightening, indicating that upward pressure is building.
Meanwhile, the volume pattern indicates reduced selling pressure compared to previous declines, while the steady rise reflects renewed buying interest.
Pop expects Bitcoin to continue its gradual upward movement toward the $85,000 range in the short term, although this trend may not materialize immediately.
Bitcoin's price movement has been considered slightly lagging behind the broader market, particularly the Nasdaq Index, which has historically led Bitcoin's movements.
Bitcoin price analysis
As of press time, Bitcoin is trading at $75,964, up approximately 1% over the past 24 hours and 2% on the weekly chart.
Despite relatively small price fluctuations, bulls will remain in control as long as Bitcoin stays above the support zone at $73,000 and $74,000.
A decisive breakout above $77,500 and $78,000 could open the path toward $80,000; conversely, a breakdown below $73,000 may cause the asset to retest the $70,000–$72,000 range.