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Latest Update
2026-10-08 05:57 UTC

Bitcoin: Analyst Flags Buy Zone on Organic Correction

Bitcoin: Analyst Flags Buy Zone on Organic Correction

Bitcoin at $82674.66 draws buy interest from Michaël van de Poppe as price retests consolidation amid bearish EMA50 resistance at $84398.95 and MACD death cross.

Source

Analysis

Bitcoin draws fresh buy interest at current levels according to Michaël van de Poppe, who highlighted the organic correction retesting the prior consolidation zone on October 8, 2026. Price sits at $82674.66 inside Bollinger Bands with upper resistance at $87155.98 and lower support at $81901.61, while the EMA50 at $84398.95 caps upside and the EMA200 at $82182.85 offers nearby structural support. The MACD death cross at -659.15 keeps the 4h trend bearish yet RSI at 31.25 leaves room for a measured bounce before any deeper move, aligning with classic BTC price prediction setups during crypto market correction phases and Bitcoin technical analysis that favors accumulation at prior demand zones.


Michaël van de Poppe

@CryptoMichNL

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