{"id":97163,"date":"2026-05-17T10:42:15","date_gmt":"2026-05-17T07:42:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97163"},"modified":"2026-05-17T10:45:18","modified_gmt":"2026-05-17T07:45:18","slug":"analyst-highlights-bitcoins-strong-fundamentals","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/analyst-highlights-bitcoins-strong-fundamentals\/","title":{"rendered":"Analyst Highlights Bitcoin&#8217;s Strong Fundamentals"},"content":{"rendered":"<p>Bitcoin has risen by 25% from its lows following the onset of conflict in the Middle East and the increase in bond yields. The current correction does not signify a shift to a new low, according to MN Trading founder Micha\u00ebl van de Poppe.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Everyone expects new lows for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>.<\/p>\n<p>Bitcoin is up 25% from its recent lows after the war in the Middle-East started and a new high in Yields. That&#8217;s strength, not weakness. <\/p>\n<p>That&#8217;s the actual reason why you should be looking into Bitcoin rather than other assets, as the\u2026 <a href=\"https:\/\/t.co\/x3MUAL72aA\">pic.twitter.com\/x3MUAL72aA<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/2055698291158040626?ref_src=twsrc%5Etfw\">May 16, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Although the leading cryptocurrency has breached the 21-day moving average, it continues to show strength by holding above $76,000, the expert added.<\/p>\n<p>Van de Poppe also pointed to a gap on the <span data-descr=\"Chicago Mercantile Exchange\" class=\"old_tooltip\">CME<\/span> at $79,100. In his view, the primary cause is a &#8220;concentrated correction due to <a href=\"https:\/\/forklog.com\/en\/news\/strategy-considers-bitcoin-sale-amid-12-7-billion-quarterly-loss\">dividend data<\/a> Strategy, rather than a change in market momentum.&#8221; <\/p>\n<p>Meanwhile, Bitcoin remains resilient to the recent surge in Treasury yields to new highs.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-34b09fd2337261ee-4604658937845891.webp\" alt=\"image\" class=\"wp-image-280048\"\/><figcaption class=\"wp-element-caption\">Yield on 10-year U.S. Treasury bonds. Source: <a href=\"https:\/\/ru.tradingeconomics.com\/united-states\/government-bond-yield\">TradingEconomics<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Bitcoin-<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a>s have reached a new all-time high in assets under management and the number of holders. This in itself indicates that many &#8216;smart money&#8217; investors are putting funds into the asset. [&#8230;] New buyers are resilient and have a more long-term perspective,&#8221; the analyst noted.<\/p>\n<\/blockquote>\n<p>Additionally, a significant drop in <a href=\"https:\/\/forklog.com\/en\/news\/what-the-rsi-is-for-and-whether-it-suits-cryptocurrencies\">RSI<\/a> has been recorded on the Bitcoin-gold pair chart. Historically, this signal has led to the start of a bull market.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c013372f33b62abb-4604659331767282.webp\" alt=\"image\" class=\"wp-image-280049\"\/><figcaption class=\"wp-element-caption\">Daily XAU\/BTC chart with RSI. Source: <a href=\"http:\/\/tradingview.com\/chart\/XQSQJA42\/?symbol=TVC%3AXAUBTC\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Van de Poppe considered the possibility of testing the $70,000 mark if the correction continues, though he expects deeper lows to be less likely.<\/p>\n<h2 class=\"wp-block-heading\">Current Situation<\/h2>\n<p>At the time of writing, Bitcoin is trading around $78,100. Over the past day, the coin&#8217;s price has remained largely unchanged. <\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-cb3cd69b661215ff-4604659331554475.webp\" alt=\"image\" class=\"wp-image-280050\"\/><figcaption class=\"wp-element-caption\">15-minute BTC\/USDT chart on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>According to trader DaanCrypto, there are large liquidity clusters above and below Bitcoin&#8217;s current price. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> There&#8217;s some liquidity clusters right above and below price, primarily the $78K area is an area that&#8217;s worth watching.<\/p>\n<p>Besides that, zooming out further we got the ~$92K &#038; ~$98K levels above and the ~$71K &#038; ~$65K levels below.<\/p>\n<p>The longer price compresses around this $80K\u2026 <a href=\"https:\/\/t.co\/eOjP2zHsgP\">pic.twitter.com\/eOjP2zHsgP<\/a><\/p>\n<p>\u2014 Daan Crypto Trades (@DaanCrypto) <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/2055604423142076654?ref_src=twsrc%5Etfw\">May 16, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the lower range, the main cluster of orders is at the $71,000 and $65,000 levels. In the upper range, they are at $92,000 and $98,000.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The longer the price compresses around the $80,000 area, the more liquidity will continue to accumulate on both sides. At some point, this should lead to a larger and more aggressive move. Of course, it depends on which side gives way,&#8221; DaanCrypto emphasized.<\/p>\n<\/blockquote>\n<p>On-chain analyst Ali Martinez pointed out Bitcoin&#8217;s &#8220;overheating.&#8221; The average realized profit of traders has reached 17%\u2014the expert interpreted this as a &#8220;dangerous&#8221; signal.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> is overheating!<\/p>\n<p>The average trader&#8217;s realized profit margin has reached 17%. To me, this is a major warning sign: for the first time since October 2025, the average investor is sitting on substantial gains and may be looking to exit.<\/p>\n<p>What stands out to me is the\u2026 <a href=\"https:\/\/t.co\/SCgskCjX9r\">pic.twitter.com\/SCgskCjX9r<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a href=\"https:\/\/twitter.com\/alicharts\/status\/2055802980776231270?ref_src=twsrc%5Etfw\">May 17, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The last time profits reached such levels was when Bitcoin tested its 200-day moving average as resistance in March 2022, Ali added. At that time, the coin reached a local high before resuming a downward trend.<\/p>\n<p>In April, JPMorgan <a href=\"https:\/\/forklog.com\/en\/news\/jpmorgan-predicts-ethereum-will-lag-behind-bitcoin\">suggested<\/a> that Ethereum might continue to lag behind Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has risen by 25% from its lows following the onset of conflict in the Middle East and the increase in bond yields. The current correction does not signify a shift to a new low.<\/p>\n","protected":false},"author":1,"featured_media":97164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin has risen by 25% from its lows following the onset of conflict in the Middle East.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1145,1138],"class_list":["post-97163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-market-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin has risen by 25% from its lows following the onset of conflict in the Middle East.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97163"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97163\/revisions"}],"predecessor-version":[{"id":97165,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97163\/revisions\/97165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/97164"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}