Bitcoin: 200-Day MA Support Holds Below $73K

Bitcoin holds support at the 200-day moving average beneath current levels near $72,888, with an additional block at $70,000-$71,500, according to Michaël van de Poppe. The analyst sees insufficient momentum to clear the key resistance zone yet.

A clean break above $75,000 would open a run toward $76,700 and then $80,000. Van de Poppe wants a sweep into the lower supports followed by a high-volume reclaim as the preferred long trigger.

On the 4h chart, price trades inside the Bollinger Bands at $72,888.14 with the lower band at $72,801.94 acting as immediate floor while the upper band at $75,498.26 aligns with the $75,000 resistance cited in the tweet. The EMA50 at $75,413.81 and EMA200 at $79,055.60 mark the bearish structure overhead, yet the MACD golden cross at -596.33 and neutral RSI at 34.01 suggest downside exhaustion could precede a reclaim if volume returns on a bounce from the lower band.