Ethereum is already showing the way. While Bitcoin rose about 5% in one day, Ether outperformed it by a factor of nearly 1.4, rising more than 8%. One analyst said the gap is indicative of how the broader crypto market could be affected if Bitcoin continues to rise through the remainder of April.
Related books
Certain price levels are attracting attention
MN Fund founder and widely followed market analyst Michael Van de Poppe says there is a clear path for Bitcoin to reach the $80,000 to $85,000 range by the end of the month.
He called Mr. X this week and cited a recovery in global markets as a key factor in the expected move. At the time of his post, Bitcoin was trading at around $74,500, up more than 5% in 24 hours, and trading volume soared more than 90% in the same period.
#Bitcoin is aiming for a high price and is consolidating around $75,000.
If it breaks above $75,000 with volume, it will be between $80,000 and $85,000 this month. Because that's where the higher timeframe resistance comes from.
Yesterday I did an analysis using some of the scenarios I'm looking for. … pic.twitter.com/zq47n6NhXk
— Michael van de Poppe (@CryptoMichNL) April 14, 2026
The $85,000 target would mark a return to the price levels Bitcoin last visited in late January. At that time, Bitcoin fell from about $89,000 to $84,600. If they return to this target, they would be up nearly 14% from when Van de Poppe made his decision.
At the moment, one level is more important than the rest: $75,000. A breakout of that resistance on strong volume would set the stage for a rally to $80,000 to $85,000, where there tends to be stronger selling pressure from long-term chart history, according to Van de Poppe. By the time the analysis was published, Bitcoin had already surpassed $75,000.
The bull case will be settled with support from the downside.
Van de Poppe also outlined factors that could sustain the bullish scenario even if prices pull back. According to his analysis, as long as Bitcoin remains above $72,000, there is a more than 70% chance it will trade above $80,000 by the end of April. Its support zone acts as a line in the sand. Below that, things can change.
Related books
The background behind supporting Bitcoin here is broader than virtual currency. Global markets are stabilizing after weeks of pressure from geopolitical tensions, and Bitcoin is moving in tandem with the recovery.
Altcoins have the potential to amplify that movement.
Van de Poppe's larger argument may be about altcoins. He sees them moving at a rate two to three times that of Bitcoin. This means that if Bitcoin rises by 10%, altcoins could rise by 20% to 30% or more.
According to the report, this pattern tends to follow a predictable path. Capital flows first into Bitcoin, then into larger coins, and finally into smaller altcoins.
Featured images from Meta, charts from TradingView
