Renowned cryptocurrency analyst and trader MICHAËL VAN DE POPPE has shared an optimistic outlook on the native token of smart contract platform Sui (SUI), while also updating his short-term forecast for Bitcoin (BTC).
In a recent post on social media platform X, VAN DE POPPE, who boasts a following of over 784,200, highlighted that SUI has broken out of a “crucial resistance zone,” signaling a potential bullish trend. He predicts that SUI could surge by at least 74% in the coming months, potentially reaching a new all-time high in the next quarter.
“SUI is likely running towards a new all-time high in the coming quarter,” said VAN DE POPPE.
At the time of writing, SUI is trading at $3.08, down approximately 43% from its all-time high of $5.35 recorded in early January. Based on his 12-hour chart analysis, VAN DE POPPE suggests that SUI may temporarily rise to around $3.20, retrace to below $3.00, and then continue its upward trajectory.
Turning to Bitcoin, VAN DE POPPE anticipates a short-term correction following a 27% rally from its 2025 lows earlier this month. He identifies a critical resistance level for Bitcoin at approximately $96,000, suggesting that a pullback could present a favorable accumulation opportunity after the recent “massive breakout.”
“Buyers are likely going to step in, and then we will be continuing our path towards a new all-time high,” he added.
As of now, Bitcoin is trading at $92,853.
Sources: X Post by MICHAËL VAN DE POPPE, X Post by MICHAËL VAN DE POPPE