Bitcoin: $82K Hold Sets Stage for Highs Run
Bitcoin analyst Michaël van de Poppe states that holding $82,000 after the long liquidity sweep positions Bitcoin for acceleration toward new highs, with prior resistances flipping to support.
SourceAnalysis
Bitcoin cleared long liquidity on the recent sweep, setting up a potential S/R flip where former resistance turns support and fuels upside momentum already visible in several altcoins, according to Michaël van de Poppe.
Price sits at $82805.03 inside the Bollinger Bands with the upper band at $84194.71 acting as immediate resistance and the lower band at $81325.4 marking short-term support; the 50-EMA at $83701.19 and 200-EMA at $82224.73 frame the bearish structure while MACD has printed a golden cross at -495.35 and RSI at 45.1 remains neutral, creating confluence that favors a hold above $82000 before any sustained push higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast