Bitcoin: Holds Support, Fuels Altcoin Strength
Michaël van de Poppe states Bitcoin holds crucial support levels and trends upwards on October 11 2026, pointing to greater strength ahead for altcoins rather than Bitcoin.
SourceAnalysis
Bitcoin holds crucial support and starts trending upwards, according to Michaël van de Poppe, opening the door for altcoins to outperform.
Price sits at $83016.07 inside the Bollinger Bands with upper resistance at $83690 and lower support at $81530.56. The neutral RSI at 47.78 and MACD golden cross at -277.6 contrast the bearish EMA structure where price remains below the EMA50 at $83574.96 yet above the EMA200 at $82234.97. With price testing upper Bollinger resistance while RSI stays neutral, a healthy retracement to the 50-EMA support at $83574.96 appears probable before further continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast