Bitcoin: Van de Poppe Eyes $84,500 Flip
Bitcoin at $83504.87 as Michaël van de Poppe flags $84,500 resistance flip and prior high test for optimal BTC price prediction entries.
SourceAnalysis
Bitcoin at $83504.87 lacks sufficient strength according to Michaël van de Poppe, who views a retest of the previous high as an optimal entry and calls a flip of the $84,500 area phenomenal for continuation.
With price inside Bollinger Bands and testing near lower support at $82654.87 while RSI(14) sits neutral at 47.6 and MACD prints a death cross at 675.53, BTC price prediction models point to healthy confluence at the EMA50 support of $82400.87 before any push toward upper resistance at $87835.85, aligning with Bitcoin support levels in current crypto market analysis.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast