Bitcoin (BTC) may be on the brink of a breakout, according to popular crypto analyst Michaël van de Poppe. Despite a dip into the $65,000 range, van de Poppe believes that Bitcoin’s correction may be over and that it could soon reach its all-time high of around $74,000. He attributes this potential surge to the start of the macroeconomic season and the release of PMI data. Van de Poppe predicts that the ATH test could occur within the next two to four weeks.

As of now, Bitcoin is trading at $67,802, showing a 2.5% increase in the last 24 hours. Van de Poppe also expresses a bullish sentiment towards NEAR Protocol (NEAR), an Ethereum (ETH) competitor. He suggests that NEAR may see a substantial gain of 223%. Van de Poppe points out that NEAR has been gradually moving upward after retesting its previous consolidation area, and he expects the next target in the rally to be between $10 and $15.

NEAR is currently trading at $4.64, with a 2.1% increase in the last 24 hours. Additionally, van de Poppe believes that ETH may experience a surge against Bitcoin (ETH/BTC) if the US dollar index (DXY) starts trending downward. He explains that a reversal in the DXY and the Yields could result in increased demand for the ETH ecosystem. Van de Poppe states that if ETH/BTC breaks through 0.04 BTC, it would be a positive sign.

At the time of writing, ETH/BTC is trading at 0.03731 BTC ($2,527), with a 2.66% decrease in the last 24 hours. Investors should note that the information provided is not investment advice, and they should conduct their own research before making any high-risk investments in cryptocurrencies or digital assets.