Bitcoin: Analyst Eyes $86K Break | Flash News Detail | Blockchain.News
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4/24/2026 5:06:00 PM

Bitcoin: Analyst Eyes $86K Break

Bitcoin: Analyst Eyes $86K Break

Crypto analyst Michaël van de Poppe predicts Bitcoin upside, lagging Nasdaq momentum, with $86K break signaling potential lows in BTC price prediction.

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Crypto analyst Michaël van de Poppe forecasts more upside for markets in coming weeks, noting Nasdaq prints strong momentum while Bitcoin lags behind. He sees no barriers to this rally and believes a clear break above $86K in months ahead could confirm the low is set, already leaning heavily toward that view in his latest tweet.

Historical correlations between Bitcoin and the Nasdaq index over the past year show BTC often trails tech-driven surges before catching up, echoing price cycles where all-time highs follow momentum builds. This aligns with recent patterns in BTC price prediction amid broader crypto market analysis.

On the 4-hour chart, Bitcoin holds a bullish structure with price at $77,644.68 trading above both the EMA50 at $76,446.06 and EMA200 at $73,058.68, acting as firm long-term supports. Yet MACD flashes a bearish death cross at 479.25, clashing with neutral RSI at 52.6, while price maneuvers inside Bollinger Bands—upper resistance at $79,718.06 caps immediate gains and lower support at $75,722.67 guards against dips. Confluence here suggests bulls defend the EMA50 to push toward band exhaustion, but that death cross warns of a quick retrace before resuming the grind higher, much like we've seen in recent Bitcoin cycles tied to Nasdaq hype.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast