Bitcoin: Peak to Trigger Finance Reorganization

Michaël van de Poppe asserts the next Bitcoin peak will mark the tipping point for the entire financial industry, with blockchain payment rails proving superior to legacy systems and pulling more liquidity onchain before years of reorganization.

Price action at $83956.39 sits just below upper Bollinger resistance at $84116.26 while comfortably above the EMA50 support at $83590.26 and the deeper EMA200 at $82259.05. The neutral RSI(14) at 58.55 leaves room for further upside, and the MACD golden cross continues to underpin the bullish structure inside the bands.