---
title: "Trader Says Bitcoin Primed for More Downside Before ‘Up-Only Mode,’ Updates Outlook on Ethereum"
description: "Crypto trader Michaël van de Poppe suggests Bitcoin (BTC) may experience further declines before a bullish trend, potentially retesting the $108,000 level. Currently, Bitcoin is priced at $111,075, do"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/258934621.md"
published_at: "2025-09-25T18:22:13.000Z"
---

# Trader Says Bitcoin Primed for More Downside Before ‘Up-Only Mode,’ Updates Outlook on Ethereum

> Crypto trader Michaël van de Poppe suggests Bitcoin (BTC) may experience further declines before a bullish trend, potentially retesting the $108,000 level. Currently, Bitcoin is priced at $111,075, down 2.3% in the last 24 hours. He also forecasts Ethereum (ETH) could find a local bottom around $3,800, with a potential to reach five-figures this cycle. ETH is currently trading at $4,002, down 4.5% in the last 24 hours.

Crypto trader Michaël van de Poppe says that Bitcoin (BTC) may have a deeper correction before an explosive move to the upside.

Van de Poppe tells his 808,600 followers on X that Bitcoin may decline below its current $111,000 range before entering a period of bullish momentum.

Looking at his chart, the trader suggests Bitcoin may retest the level around $108,000 similar to late August.

Bitcoin is trading for $111,075 at time of writing, down 2.3% in the last 24 hours.

Next up, the analyst says that Ethereum (ETH) may form a local market bottom around the $3,800 level.

The analyst also predicts that ETH will hit five-figures this cycle and other altcoins may increase 400% from their current values.

ETH is trading for $4,002 at time of writing, down 4.5% in the last 24 hours.

### Related Stocks

- [ETHE.US - Grayscale Ethereum Staking ETF](https://longbridge.com/en/quote/ETHE.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.