Bitcoin: Sustains Uptrend Post-FOMC Dip

Prominent crypto analyst Michaël van de Poppe (@CryptoMichNL) highlights a classic risk-off reaction in Bitcoin during the recent FOMC speech and data release, yet stresses that the lower timeframe uptrend remains intact without any technical breakdown. He anticipates upward momentum resuming in May, building toward the next FOMC event, as BTC sustains its structure amid broader market volatility—echoing patterns seen in last year's crypto market dips that preceded rallies, while weaving in hype around trending assets like TAO for potential cross-chain boosts in BTC price prediction scenarios.

As a senior macro-crypto prop trader scanning the 4h chart, I see confluence screaming caution: Bitcoin trades at $75,686.83 inside the Bollinger Bands, hugging that lower support at $74,959.34 as volatility contracts, but the bearish trend dominates with EMA50 resistance looming at $76,777.82 above the price and EMA200 providing distant support at $74,124.19. MACD flashes a death cross at -428.24, signaling weakening momentum, while RSI at 40.56 stays neutral—suggesting any push toward the upper band resistance of $78,511.62 could exhaust quickly, paving the way for a test of EMA200 before bulls reclaim control in this Bitcoin market analysis for institutional plays.