Warpcast

Big Week Coming for Bitcoin As BTC Flashes ‘Ideal’ Build Up for Potential Rallies, According to Analyst
Widely followed crypto analyst Michaël van de Poppe says this week could prove pivotal for Bitcoin as BTC stages a recovery from a 2025 low of $74,000.

Van de Poppe tells his 785,200 followers on the social media platform X that there’s a chance that the Federal Reserve will slash interest rates at its meeting this week, slated for May 6th to 7th.
According to the analyst, a Fed rate cut may serve as a catalyst that fuels Bitcoin’s run to greater heights.

“Big week coming up with the FED.

The likelihood of a rate cut is significant, and if that rate cut comes, another confirmation of money supply to go ballistic and crypto and Bitcoin to succeed.”

Looking at BTC’s weekly chart, Van de Poppe thinks that BTC’s retest of a key price area as support is just what Bitcoin needs to sustain its bull run.