Bitcoin: Support Holds for Highs Run

Bitcoin support has held according to Michaël van de Poppe, giving the market enough momentum to push back toward the highs with $82,700 eyed if the level stays intact. Loss of that zone opens a quick $2,000-3,000 BTC decline and 10-15% altcoin selloff in minutes, with $77,100 and $76,400 next on the downside. BTC price action at $79,334.87 trades inside the Bollinger bands with upper resistance at $80,328.18 and lower support at $75,597.59; the structure remains bullish above EMA50 at $74,065.96 and EMA200 at $67,801.49 yet MACD at 1,692.19 shows a death cross while RSI(14) sits neutral at 65.62, pointing to a probable healthy retracement toward the 50-EMA before any continuation higher.