Latest Update
2026-10-11 23:36 UTC

Bitcoin: Resistance Break Opens Path to $90K

Bitcoin: Resistance Break Opens Path to $90K

Michaël van de Poppe notes Bitcoin faces a key resistance zone while low volatility fuels altcoin momentum, with a break above $84,000 acting as the trigger toward $90,000.

Source

Analysis

Bitcoin faces a decisive resistance zone near current levels, according to trader Michaël van de Poppe, who sees limited reasons for bearishness and views a push through $84,000 as the catalyst for a move toward $90,000.

Low volatility conditions continue to channel fresh momentum into altcoins, sustaining the rotation that has defined recent sessions. On the 4h chart, price at $83,994.3 tests the upper Bollinger Band at $84,065.25 with RSI at 58.03 remaining neutral and MACD holding a golden cross; the EMA50 at $83,602.67 offers immediate support while the EMA200 at $82,286.79 anchors the broader bullish structure, suggesting any sustained close above the band could accelerate the next leg higher.


Michaël van de Poppe

@CryptoMichNL

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