Trader and market analyst Michael van de Poppe published two messages this Friday, April 3, 2026. We are once again leaning towards a potential bullish breakout scenario for Bitcoin (BTC).
“Bitcoin remains stuck in this area, meaning there is no clear direction. The longer it goes on, the bigger the breakup will be. If we break above $71,000, we will be happy,” van de Poppe wrote in the morning.
Hours later, he reinforced that view with the following message: “Market volatility is extremely low. We have a quiet Easter and I think volatility will pick back up next week and then start accelerating in either direction.”
At the time of this publication, as confirmed by the CriptoNoticias price calculator, Bitcoin is trading at around $66,700 Then, several days of flattening accumulate without a clear trend.
Van de Poppe is not vague about the level that changes the technical table: $71,000. He made a similar comment on March 28, when he also claimed that Bitcoin was “not looking good” and warned that it could fall to $60,000. At the time, the only condition for abandoning the bearish bias was $71,000.
That he cited that figure again today, however, suggests that this time it was in terms of opportunity rather than minimum requirements. Analysts believe this level is achievable in the short termalthough it is not explicitly stated.
The change in tone makes sense when read in context. On March 23, Van de Poppe defended his bullish theory based on the historical relationship between Bitcoin and gold, arguing that the cycle correction is already within the range that has historically marked the market’s lower bound. After five days, the argument lost steam. The analyst went on to explain a bearish continuation scenario and pointed to $60,000 as an accumulation zone.
Now, on April 3rd, the situation will take a new turn. He hasn’t completely given up caution, acknowledging that volatility could go “in any direction”, but said: His clear conclusion is that he expects bullish momentum.
Bitcoin market uncertainty
Markets have been operating with low liquidity in recent days due to the Easter holiday, which partially explains the compression in volatility described by analysts. We expect direction to become clearer next week as ETF and institutional markets reopen..
Add to this geopolitical uncertainty. Markets await concrete definition of Iran conflict and Strait of Hormuz situationa factor that may act, in some sense, as an external catalyst for volatility.
Unlike Michael van de Poppe, other analysts believe the bearish trend will prevail. Among them is Willy Wu, who argues that the crypto winter is not over yet and that Bitcoin could fall to the $46,000 region before a significant rebound.
