The same analyst also noted that BTC is currently playing “the oldest playbook in the markets”.
Merlijn The Trader, a well-known crypto analyst at X, indicated that the quantitative easing has just ended, which has historically preceded massive Bitcoin rallies.
He was very bullish on BTC’s medium-term and long-term price trajectory, noting that the cryptocurrency is now in the second phase of manipulation to push it above $100,000.
End of QT: BTC to millions of dollars?
Although the official end of QT was set on December 1, 2025, Merlijn focused on the bigger picture of macrobitcoins and compared the same scenario to 2019. At the time, the US Fed also backed away from its monetary strategy, which was among the propellers after bitcoin’s rise to $3,000 for several years.
He believes that the macro trigger and demand zones are now the same, noting that if BTC holds the $70,000 level, “the rally will begin.” If it falls below $60,000, then the rally will widen.
If BTC now has a spectacular 2,200% rally, the price will reach more than $1.6 million per unit. Admittedly, this sounds pretty implausible right now, but Bitcoin has proven in the past that it tends to prove people wrong.
SPECIALIZATION OF MATERIALS HAS ENDED. AGAIN.
The last time QT ended in 2019, Bitcoin went from $3,000 to $69,000.
Same macro trigger. Same demand area. Right now.
Over $70,000: rally begins.
Under $60K: Accumulation expands.The feds just fired the starting gun.
Most missed it. pic.twitter.com/7pKUq1sQdG– Merlijn The Trader (@MerlijnTrader) March 10, 2026
In a separate message, the analyst noted that Bitcoin’s accumulation phase is over and the asset is in the second phase of manipulation, which is “happening now.” Phase 3 will be the split where BTC will go into the six-figure price range. He noted that the $65,000 is “the last stop before the final stage.”
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“Hold it: the movement begins. Lose it: the manipulation is not yet complete,” he added.
The next $80,000?
As BTC rose to $71,000 earlier today, Michael van de Poppe commented that $75,000 should be next, followed by $80,000 later this month. Focusing on BTC’s short-term price movements, the analyst cautioned that this is “not a V-shaped retracement, but easily a mean reversion to higher timeframes.”
Interestingly, he stated that altcoins will perform more effectively at this stage.
Here we go.
Markets break up and #Bitcoin it is already 71 thousand dollars.
I think we’ll see $75k and possibly $80k this month.
Not a V-shaped recovery, but an easy average reversion to higher timeframes.
I assumed so #Altcoins will be… pic.twitter.com/aQXV5Wliej
— Michael van de Poppe (@CryptoMichNL) March 10, 2026
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