Bitcoin Price: BTC To Hit $70K In Two Weeks, Michael van de Poppe

Bitcoin’s price has gained nearly 2.7% today, slowly recovering from the Strategy’s $216 million Bitcoin sale earlier this week.

As of now, BTC is trading above last week’s high and nearing the key $65,543 resistance level. Popular crypto trader Michael van de Poppe believes Bitcoin is gaining strength and doesn’t expect the market to fall from here. 

Here’s why.

Bitcoin Recorded A Strong Recovery

The largest cryptocurrency, Bitcoin, has finally moved back above last week’s price high, and is now trading around $64,410. Popular crypto analyst Michael van de Poppe believes the recent price action shows growing strength.

“There’s more strength coming in on BTC. That’s a great move, and I don’t expect to see the markets falling here.”

The daily BTC chart also supports this view. 

Looking at it, Bitcoin has bounced from the recent descending trendline and is attempting to reclaim the 100-day moving average, while holding above the $60,876 support zone. 

If buyers keep control, the next major target sits around $65,500-$66,000, with a possible move toward the $70,000 level in the next one to two weeks.

Bollinger Bands Are Tightening, Hinting at a Bigger Move

Well-known crypto analyst That Martini Guy also pointed to another bullish signal.

The Bollinger Bands have started tightening again after nearly a week of sideways trading. Historically, periods of lower volatility are often followed by sharp price moves.

According to the analyst, the most important task for Bitcoin is now to turn $64,000 into support.

If that happens, BTC could quickly challenge $65,543 before making a run toward $70,000.

Selling Pressure Is Easing On Bitcoin, Cryptoquant

CryptoQuant analyst Axel Adler Jr. sees a similar picture from Bitcoin’s on-chain data.

According to his Short-Term Holder Realized Pressure Model, spot selling pressure continues to weaken while buying activity is increasing.

The STH chart shows that during the recent decline toward the $62,000-$63,000 range, buying pressure once again moved ahead of selling pressure.

The chart reading shows buyers remain in control, with buying pressure around 30% compared to roughly 22% selling pressure.

Adler noted that short-term holders are buying the recent dip, similar to what happened earlier this year. Meanwhile, new buyers are still sitting in a small profit and are creating the nearest support zone around $63,600.

If buyers successfully push BTC above $65,500, analysts believe the path toward $70,000 could open much faster.

• BTC$ 78,320.85(-1.00%)

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Michael Van De Poppe Michael Van De Poppe at MN Fund   Michaël van de Poppe, a 32-year-old economist, crypto expert, and entrepreneur from the Netherlands, got into crypto 8 years ago in February 2017 when he was introduced to Bitcoin and altcoins by one of his friends. Fascinated by blockchain technology and its potential to transform the financial system, he decided to purchase his first altcoin. Since the beginning of 2018, Michaël has been working in the Web3 sector full-time and started his first crypto education company that grew to 18 people.   In 2023, Michaël took his company to the next level by starting up MN Fund, MN Capital, and MVP Marketing & Social Media. MN Fund is an investment fund authorized by the Dutch Financial Authorities that deals with volatility trading and OTCs. MN Capital is a Venture Capital firm that invests in and provides consultation to Web3 projects that aim to facilitate the implementation of blockchain technology. MVP Marketing & Social Media is the company that manages Michaël's social media channels, which are utilized to generate support and outreach for Web3 projects through effective branding and community management; this company also runs the New Era Finance Podcast where Michaël discusses crypto, finances, and the economy of the future.   Quick Facts of Michaël van de Poppe:   Fields Details Full Name Michaël van de Poppe Nationality Dutch Education Bachelor's Degree in Economics, University of Amsterdam Profession Economist, Crypto Analyst, Entrepreneur, Investor Known For Founder of MN Trading and MN Capital, Crypto Market Analysis Net Worth Approximately $1.45 million (2026 estimate) Crypto Stance Supports Bitcoin, Ethereum, blockchain adoption, Web3 innovation, education, and long-term investing.   Timeline of Events / Career Highlights:   2018 - Established Eight Global (now MN Trading), a crypto education and consultation platform, and started working in the field of Web3 on a full-time basis.2019 - Published more educational material and established an expanding online community of cryptocurrency traders.2020 - Turned into one of the best crypto analysts on social media through technical analysis and market commentary.2021 - Expanded MN Trading and earned global fame as a crypto educator and speaker.2022 - Expanded consulting and educational services for blockchain companies and investors.2023 - Rebranded his educational ecosystem to MN Trading while launching MN Fund, MN Capital, and MVP Marketing & Social Media.2024 - Continued investment in early-stage blockchain companies while presenting the New Era Finance Podcast and being a speaker at global crypto conferences.2025 - Venture capital operations expanded through MN Capital and continued to contribute to the spread of blockchain via education and investments.     EntrepreneurChief Executive OfficerTraderMarket Analyst