Bitcoin: Holds $74K-$77K Support for $100K Rally
Michaël van de Poppe states Bitcoin must defend the $74,000-$77,000 zone or risk erasing its bull market thesis and weekly bullish divergences after surviving 2026 black swans above the 200-week and 50-week moving averages.
SourceAnalysis
Michaël van de Poppe flags the $74,000-$77,000 support band as the decisive line for Bitcoin. Holding it keeps the path open to $98,000 or $100,000 by year-end while preserving the weekly bullish divergences that underpin the bull market case.
Price sits at $77,357 inside the Bollinger Bands with the upper band at $78,641 acting as immediate resistance. The EMA50 at $78,643 and EMA200 at $80,911 mark the next resistance cluster in a still-bearish trend structure, while neutral RSI at 43.36 and the MACD golden cross at -467 leave room for a quick test of the lower band near $76,617 before any sustained push higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast