Michaël van de Poppe, founder of MN Trading and a prominent market analyst, posted on X today, October 14, 2026, sharing his optimistic view on specific digital assets. He stated, "Honestly, if I'm managing the markets, then I prefer to be zooming out to see where things stand. $BTC looks great on the higher timeframes. The same can be said on $TAO. There's no issue at all, as long as we're holding this weekly block. If it does that, we'll likely start to see a continuation towards $400 and higher."
Van de Poppe's comments arrive as the broader crypto market shows signs of strength. Bitcoin recently cleared $66,000, driven by institutional accumulation reaching a six-month high, as reported in recent coverage. On-chain data also indicates significant movements, including a six-year Bitcoin whale mobilizing 4,582 BTC, suggesting either a custody shift or liquidation. The Crypto Fear & Greed Index currently sits at 62, indicating a sentiment of Greed.
Van de Poppe's analysis suggests that Bitcoin's performance on higher timeframes provides a positive foundation for altcoins like TAO. His view indicates that holding a specific weekly support level is key for TAO to maintain its upward trajectory. Investors may watch for TAO's price action around this identified 'weekly block' to gauge the potential for a move towards the $400 mark and beyond.
