Michaël van de Poppe: Crypto on the Verge of Outperforming Stocks

Analyst Michaël van de Poppe sees strong indications that crypto will outperform the stock market in the coming period. The AI boom is cooling off, which he says is leading to a rotation of capital towards crypto. According to Van de Poppe, a combination of factors makes this scenario highly plausible, while Bitcoin is currently trading around $62K, up 0.8% in the last 24 hours.

Bitcoin is available at OKX and Bybit.

Three catalysts that could drive crypto higher

Van de Poppe cites three concrete scenarios that could accelerate the rotation of capital into crypto. First, approval of the Clarity Act could activate on-chain activity and spark interest in DeFi. Second, memecoins on the Solana network are back, indicating that risk capital is actively seeking higher returns.

As a third factor, the analyst points to Bitcoin itself. Once the price breaks to the upside and the STRC saga is over, room will open up for liquidity from the ETFs to flow in. Bitcoin ETFs recently attracted $222 million after a series of outflow days, illustrating the renewed interest. Together, these three factors form a cocktail that, according to Van de Poppe, could lead to significant price increases.

Rare bullish divergences on the BTC/QQQ chart

What makes the picture even more interesting is the technical situation on the BTC/QQQ chart. This chart compares Bitcoin’s performance against the Nasdaq 100 ETF. Van de Poppe states that there are massive bullish divergences on multiple indicators and multiple timeframes simultaneously. That, he says, is a rare signal.

The chart clearly shows that the BTC/QQQ ratio has fallen sharply from its 2025 peak, but that the price is now forming a potential bottom while momentum indicators are already starting to rise. This pattern suggests that Bitcoin, on a relative basis, is ready to leave the stock market behind. Earlier, other rare indicators also pointed to an approaching bottom for Bitcoin, further reinforcing Van de Poppe’s view.