Michael van de Poppe: Bitcoin sees sharp recovery against gold after historic correction

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Daria Chernytska

29.03.2026

Michael van de Poppe: Bitcoin sees sharp recovery against gold after historic correction — Bitcoin bounces back versus gold

Bitcoin is experiencing a notable recovery against gold, following what Michael van de Poppe called the most severe correction in the history of this particular chart.

According to van de Poppe, while the market may be nearing a bottom, it is not certain that this level has been reached yet.

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Earlier this year, van de Poppe observed a subdued Bitcoin rally, noting an absence of typical upside volatility and strong returns in the 2024 bull run. He has also commented on the potential for altcoins to stage a 30-50 percent move as they approach resistance levels, according to a recent market outlook. These observations come as Bitcoin’s recovery against gold remains in focus.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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