[Michael van de Poppe: Bitcoin Can Reach $100,000 Without a New Narrative]
According to Cointelegraph, Michael van de Poppe, founder of MN Trading Capital, stated on the X platform that Bitcoin can return to the psychological level of $100,000 without the need for a new narrative or catalyst. He noted that the current price range remains a good accumulation zone. He mentioned that market attention has shifted to areas like AI. As of Friday's close, Nvidia's stock price has risen 5.08% year-to-date, while Bitcoin has dropped approximately 10% over the same period, currently priced at $78,300, with a 14.49% increase over the past 30 days.
Veteran trader Peter Blandt commented that the 'Clarity Act' has positive implications for the industry but is unlikely to become a major catalyst. White House crypto advisor Patrick Witt stated that the Trump administration will release an announcement related to Bitcoin reserves.
