Bitcoin: Eyes Upward Break

Crypto analyst Michaël van de Poppe (@CryptoMichNL) forecasts an upward break for Bitcoin, citing a strong monthly start and likely new inflows from ETFs. He highlights the pattern where fresh capital drives initial price upticks in #BTC, potentially setting up for further gains amid ongoing crypto market trends and hype around assets like TAO. This aligns with recent inflows boosting sentiment, reminiscent of the ETF-driven rallies over the past six months that propelled BTC from mid-70K levels.

From a technical confluence standpoint, Bitcoin trades at $78,239.71 within a bullish structure, hugging the upper Bollinger Band resistance at $78,969.18 while the RSI at 60.79 stays neutral, avoiding overbought signals that plagued last quarter's pullbacks. With MACD flashing a golden cross at 360.15, price action finds firm footing above the EMA50 support of $77,070.34 and the longer-term EMA200 at $74,405.65, suggesting any dip targets that $75,004.48 lower band before resuming the uptrend—classic setup for institutional buyers eyeing BTC price prediction highs in this cycle.