Bitcoin: Van de Poppe Calls for $80K Weekend Sweep
Michaël van de Poppe states Bitcoin will sweep the $80,000 low this weekend in a classic move before the correction ends.
SourceAnalysis
Michaël van de Poppe expects Bitcoin to sweep the low at $80,000 this weekend before any rebound, after markets began tumbling without the anticipated push toward $83,000.
Price sits at $80,667.76 beneath both the EMA50 at $82,087.9 and EMA200 at $82,017.89, confirming the bearish structure while the MACD death cross at -420.14 reinforces downside momentum. With RSI at 35.31 still neutral and price inside the Bollinger Bands, the lower band at $79,723.19 offers the next volatility target that aligns with the expected sweep before any relief toward the upper band at $84,576.78.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast