Bitcoin: Caution Advised Ahead of $82,700 Spike

Bitcoin at $79422.54 warrants cautious entries according to Michaël van de Poppe, who expects a harsh market sweep to drag altcoins lower once BTC spikes above the yearly high at $82700.

Price trades inside Bollinger Bands with upper resistance at $82233.81 while the 50-EMA at $78360.1 and 200-EMA at $72679.25 anchor the bullish trend structure; MACD golden cross at 698.15 supports continuation yet neutral RSI at 52.34 suggests a healthy pullback to the 50-EMA before any extension toward upper-band volatility exhaustion.