Crypto analyst Michael van de Poppe, based in Amsterdam, has published a tweet to comment on Bitcoin’s recent attempt to surge back above the $80,000 level. The attempt has not been successful yet, and BTC has been pushed back to the $79,400 zone.
Still, Poppe believes that the world’s primary crypto is demonstrating its strength and resilience, striving to reclaim the lost psychologically important price level. He reckons that even if the price fails to take any highs in the short term, he sees Bitcoin rising much higher over the next year.
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“Bitcoin is attacking $80,000”
The analyst tweeted that he sees Bitcoin “attacking” $80,000 as a “strong sign.” Still, he did not offer any particular price outlook for BTC, saying that it is hard to say anything in particular here at the moment: “I don’t know whether we’ll be having another drop or whether we’ve seen it all.”
However, citing the mammoth amount of liquidity injected into the market with the recent mega sell-off, he expects the bitcoin price to be “substantially higher” in half a year or a year.
#Bitcoin attacking $80,000 is a strong sign.
I don’t know whether we’ll be having another drop or whether we’ve seen it all.
However, with the amount of liquidity being added, 6 & 12 months from now prices will be substantially higher.
— Michaël van de Poppe (@CryptoMichNL) April 8, 2025
Great Monetary Reconciliation coming, Samson Mow expects
Vocal Bitcoin proponent Samson Mow has addressed the crypto community regarding the current financial market turmoil as not only Bitcoin but also stocks are in deep red. Mow shared that he sees the beginning of what is happening now back in 1971 – that’s the year when US president Nixon ended the Brenton-Woods system by depriving the US dollar of the gold backing.
Everything happening today was set in motion in 1971.
Nothing can be done to avoid the Great Monetary Reconciliation. Not improving government efficiency. Not lowering 10 year rates. Not tarrifs. Not rebalancing global trade.
The only safe haven is #Bitcoin.
Plan accordingly.
— Samson Mow (@Excellion) April 8, 2025
Since then, the US dollar has been gradually losing its value and purchasing power. Mow believes that no efforts of the US government can help avoid the Great Monetary Reconciliation. He doubts that anything can be done here – nothing that Elon Musk’s Department of Government Efficiency (D.O.G.E.) can do nor can the Fed Reserve improve the situation by lowering 10 year interest rates. Donald Trump’s trade tariffs against the goods of 180 countries entering the US can’t help here either, Mow claims. The only way out is to switch the US monetary system to Bitcoin, since this is “the only safe have,” he added. “Plan accordingly,” Mow says to his X followers.
