Cryptocurrency analyst Michaël Poppe has outlined a projected timeline for Bitcoin ($BTC) to reach its next all-time high, following a period of volatility in the leading digital asset.
According to Poppe, historical patterns, along with recent corrections and current chart signals, point to a continuation of the uptrend, with the next record high potentially surpassing the previous $126,000 mark.
In an X post on April 20, Poppe noted that Bitcoin typically establishes a new all-time high within 12 months after a significant correction.
Notably, in recent months, Bitcoin lost the $100,000 support level at one point and faced the risk of falling below $60,000, with some analysts maintaining that the asset could decline further.
Poppe added that in the shorter term, similar past market structures show that within three to six months of such downturns, Bitcoin tends to trade between 30% and 60% above its local bottom. Based on this framework, he placed the potential for Bitcoin to approach the $100,000 level in the third quarter of 2026.
Statistically, after such a correction of #Bitcoin, a new ATH is made within 12 months.
Within 3-6 months, on every occassion of such an outlier, Bitcoin was trading 30-60% higher than the low.
That would put $100K on the map in Q3 of 2026.
— Michaël van de Poppe (@CryptoMichNL) April 20, 2026
Bitcoin price in transition before next leg up
This outlook is supported by recent price action, which shows Bitcoin transitioning into a consolidation phase after a sharp decline.
Despite the pullback, the structure has shifted into a series of higher lows, indicating a gradual recovery and an emerging uptrend.
The price is holding above a key support zone, described as crucial for maintaining bullish momentum, while short-term moving averages are beginning to slope upward, reinforcing the recovery narrative.
His analysis also highlighted a nearby resistance zone around the mid-$80,000 range. Bitcoin is currently edging toward this level, with tightening price action suggesting building pressure for a breakout.
At the same time, volume patterns indicate reduced selling pressure compared to the earlier decline, while the steady climb reflects renewed buying interest.
In the near term, Poppe expects Bitcoin to continue grinding higher toward the $85,000 region, although the move may not be immediate.
The price action is seen as slightly lagging broader equity markets, particularly the Nasdaq, which has historically led Bitcoin’s directional moves.
Bitcoin price analysis
By press time, Bitcoin was trading at $75,964, up about 1% over the past 24 hours, while on the weekly timeframe, $BTC has gained 2%.
Despite the relatively modest price movement, bulls remain in control as long as Bitcoin holds above the $73,000 and $74,000 support zone.
A decisive move above $77,500 and $78,000 could open the path toward $80,000, while a drop below $73,000 might see the asset retest the $70,000 and $72,000 range.
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