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Michaël van de Poppe offers forecast for Bitcoin’s price in the near future., 2026/05/05 17:45:36
In the near future, Bitcoin, having managed to establish itself above $79,000, may test the price level of $86,000, suggested Michael van de Poppe, founder of the consulting firm MN Trading.
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According to the analyst, the market structure of the leading cryptocurrency remains favorable for further asset growth. The expert believes that the decline to $60,000 in February marked a significant phase of resetting on-chain indicators, allowing the market to clear excess overheating and create a more stable foundation for upward movement.
Against this positive backdrop, the analyst indicated that Bitcoin could continue its ascent within the range of $92,000 to $95,000 in the medium term without disrupting the bearish market structure. Furthermore, if the current conditions persist, the market may transition into forming a new upward cycle.
Michael van de Poppe believes that the combination of “cleansed on-chain indicators” and sustained demand from large investors forms the basis for further price strengthening. However, a critical condition remains the maintenance of the current asset price level, as even a slight decline could push the market back into a phase of deeper correction, the MN Trading founder cautioned.
Previously, analysts from the on-chain platform CryptoQuant reported that the April increase in Bitcoin from $66,000 to $79,000 was primarily driven by trading in derivative instruments—bets on the price of the leading cryptocurrency.
