Bitcoin: Analyst Flags Undervalued Status at $80K

Michaël van de Poppe posted that Bitcoin stays undervalued at current levels near $80,000, with market data pointing to escape velocity on the adoption curve and a cycle that echoes 2017 rather than delivering diminishing returns.

Price sits at $78051.04 inside the Bollinger Bands with upper resistance at $80695.44. The structure remains bearish as price trades below both EMA50 at $79366.53 and EMA200 at $81196.46, yet the MACD has printed a golden cross at -593.64 while RSI at 44.33 holds neutral, suggesting any push toward the upper band could stall and retest the 50-EMA before continuation.