Bitcoin: Trader Awaits $84,500 Reclaim
Bitcoin trades at $83634 as Michaël van de Poppe calls for $84500 reclaim before fresh highs amid neutral RSI and MACD death cross.
SourceAnalysis
Bitcoin faces a classic sweep with BTC at $83634.09 while some altcoins advance without clear continuation signals, according to Michaël van de Poppe. The trader wants $84500 reclaimed before any sustained push higher and plans to buy dips after a modest pullback. On the 4h chart Bitcoin holds a bullish structure above the EMA50 at $82449.36 yet the MACD death cross at 547.7 signals fading momentum while RSI at 48.49 stays neutral inside the Bollinger bands with upper resistance at $87482.36 and lower support at $83201.27; price action near the lower band suggests a quick test of EMA50 support before any attempt at the $84500 level that could unlock the next leg. BTC price prediction models and crypto market analysis now hinge on whether that reclaim materializes or deeper Bitcoin dip buying opportunities emerge first.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast