Latest Update
2026-10-13 07:15 UTC

Bitcoin: Holds $82K Support, Eyes Higher Low

Bitcoin: Holds $82K Support, Eyes Higher Low

Michaël van de Poppe notes Bitcoin held crucial support after failing to break $84,000 resistance, with altcoins lagging as the market consolidates and requires a higher low to resume upside.

Source

Analysis

Michaël van de Poppe stated that Bitcoin faced key resistance zones it could not break, yet held support near the $82,000 level that must stay intact to avoid liquidity grabs toward $79,000 or $77,000.

Altcoins struggle to keep pace, a normal occurrence when Bitcoin consolidates, though confidence should return if price prints a higher low and resumes the upward path.

Price sits at $83507.76 on the 4h chart, pressing against the upper Bollinger Band resistance at $84255.04 while the EMA50 at $83474.52 acts as immediate support above the EMA200 at $82319.69. With MACD showing a bullish golden cross at -2.75 and RSI neutral at 52.06, the structure favors continuation higher provided Bitcoin avoids a break below the lower band at $82236.67 that would accelerate downside.


Michaël van de Poppe

@CryptoMichNL

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