Analyst Michaël van de Poppe offers insights into the Bitcoin market, noting its consolidation phase but anticipating a bullish reversal. He highlights two crucial observations: first, Bitcoin’s inability to break above $112,000 doesn’t invalidate the larger uptrend. He maintains his “dip and higher-low” thesis and expects BTC to surge past this resistance once it breaks through, potentially reaching its all-time high in November. His charts show a defined trading range between $107K and $116K, aligning with other analysts’ observations of Bitcoin’s potential directional move. This suggests a bullish breakout could lead to retesting the $126K region. Meanwhile, Van de Poppe explores bullish divergence in NEAR/BTC, signaling potential accumulation for the altcoin. He emphasizes that the divergence on longer timeframes indicates growing buyer pressure and strength. His charts show a rounded bottom formation, with anticipated target zones near 0.00035 BTC and 0.0007 BTC. His insights come as market optimism rises following renewed spot Bitcoin buying and the Federal Reserve’s rate cut earlier this week. These developments suggest promising accumulation opportunities across the market heading into November.