Latest Update
2026-10-06 01:52 UTC

Bitcoin: Bullish Chart Affirmed by Van de Poppe

Bitcoin: Bullish Chart Affirmed by Van de Poppe

Bitcoin at $86046.46 holds bullish structure with EMA50 at $84859.88 as Michaël van de Poppe validates the chart amid neutral RSI.

Source

Analysis

Bitcoin draws renewed institutional attention after Michaël van de Poppe confirmed the bullish setup on the chart posted by Quinten Francois.

Price action at $86046.46 sits comfortably above both the EMA50 at $84859.88 and EMA200 at $81744.73, locking in the broader bullish trend structure. Momentum remains measured with RSI(14) at 58.67 while MACD registers a death cross at 324.66, yet price continues to trade inside the Bollinger Bands with upper resistance at $86597.22 and lower support at $84265.33.

Traders now watch for a decisive test of the upper Bollinger Band before any healthy pullback toward the 50-EMA support. This setup feeds directly into ongoing BTC price prediction models and Bitcoin technical analysis flows that dominate crypto market trends discussions.


Michaël van de Poppe

@CryptoMichNL

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