- Bitcoin could still rally toward the $93K region
- Analyst sees no strong reason for new cycle lows
- Altcoin momentum remains selective and unstable
Bitcoin continues to show a strong long-term structure despite recent market hesitation, according to crypto analyst Michaël van de Poppe. The analyst believes Bitcoin remains in the middle of a broader recovery rally that could extend toward the $93,000 region. His outlook is based on historical market behavior tied to the 200-week and 50-week moving averages.
Bitcoin Structure Remains Strong Above Key Moving Averages
Van de Poppe noted that Bitcoin has historically bottomed around the 200-week moving average during major bear markets. The only major exception came during the 2022 collapse tied to the FTX and Luna crisis. Outside that period, Bitcoin usually recovered after touching that long-term support zone.
The analyst believes the latest cycle low likely formed in February. Since then, Bitcoin has followed a familiar recovery pattern seen in previous market cycles. Historically, the asset tends to rally toward the 50-week moving average after a bear market ends, then enters a consolidation phase before continuing higher.
Based on the current chart setup, Van de Poppe argues Bitcoin still has room to climb toward $93,000. He added that the timeline remains uncertain. The move could happen quickly or develop later in the year as market momentum builds gradually.
Bitcoin Sentiment Improves While Altcoins Stay Selective
The broader Bitcoin outlook has also improved because bearish expectations appear overcrowded. According to Van de Poppe, there are currently no major fundamental triggers supporting a fresh breakdown to new cycle lows.
That shift in sentiment has helped stabilize the market after months of uncertainty. Traders are now focusing on whether Bitcoin can maintain its higher low structure while reclaiming additional resistance levels.
Altcoins, however, continue to present a more difficult setup. Van de Poppe explained that the market remains in an early-stage environment where narratives still need time to develop. As a result, only selective altcoins are likely to outperform in the short term.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.