Bitcoin: Bounce Eyes $80,000 Above $77,000
Bitcoin holds above $77,000 after low sweep, with Michaël van de Poppe targeting $80,000 and $82,700 next on BTC price action.
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Bitcoin swept the lows and bounced, with Michaël van de Poppe stating the move holds above $77,000 and opens a direct test at $80,000. The trader added that a typical Sunday dip could precede further upside toward $82,700, while $74,000 remains the key buy zone on any deeper break.
Price currently sits at $77,105.42 inside the Bollinger Bands with upper resistance at $78,311.21. The 50-EMA at $72,300.69 and 200-EMA at $66,947.61 continue to anchor the bullish structure from the past year, yet the MACD death cross at 1,732.89 signals short-term momentum loss. With RSI at 64.9 still neutral, a healthy retracement toward the 50-EMA support looks probable before any continuation higher in this BTC price prediction setup.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast