Bitcoin (BTC) may be on the brink of a major breakthrough, according to popular crypto analyst Michaël van de Poppe. Despite a recent dip to $65,000, Poppe believes that Bitcoin’s correction is over and it could soon reach its all-time high of around $74,000. He attributes this potential rally to the start of the macroeconomic season and the upcoming PMI data. Currently, Bitcoin is trading at $67,802, showing a 2.5% increase in the last 24 hours.

Poppe also expresses bullish sentiments towards NEAR Protocol (NEAR), a competitor of Ethereum (ETH). He suggests that NEAR may experience a significant gain of 223% as the market prepares for the next major upward movement. NEAR is currently trading at $4.64, with a 2.1% increase in the last 24 hours.

Furthermore, Poppe predicts that Ethereum may surge against Bitcoin (ETH/BTC) if the US dollar index (DXY) starts to trend downward. He emphasizes that a reversal in the DXY and the Yields could lead to increased demand in the ETH ecosystem. Poppe believes that if ETH/BTC breaks through 0.04 BTC, it could lead to further positive momentum. Currently, ETH/BTC is trading at 0.03731 BTC ($2,527), showing a 2.66% decrease in the last 24 hours.

It is important to note that the opinions expressed by Poppe are not investment advice. Investors should conduct their own research before engaging in high-risk investments in cryptocurrencies or digital assets. The Daily Hodl, where this information was sourced, does not endorse the buying or selling of any cryptocurrencies or digital assets.