Bitcoin Rallies After $79K Test

Bitcoin rebounds sharply after dipping to $79K and the 21-Day MA, with analyst Michaël van de Poppe asserting the upward trend remains intact. He dismisses any correction signals, pointing to stronger evidence for rally continuation that could test previous highs and push toward $90K by May or June 2026. This aligns with recent crypto market rally patterns seen over the last six months, where BTC has consistently broken resistance amid growing institutional hype.

From a technical confluence standpoint, BTC trades at $80,814 within the Bollinger Bands, hugging the upper resistance at $82,082 while the lower support at $78,809 caps downside risks. The EMA50 at $80,429 acts as immediate dynamic support, reinforced by the EMA200 at $77,138 for longer-term bullish structure, and with MACD showing a fresh golden cross at 22.66, momentum builds for continuation. RSI at 51.87 stays neutral, avoiding overbought exhaustion, setting up a clean path to test that $90K zone without forced pullbacks—perfect for riding this BTC price prediction wave in the current crypto market rally.