Bitcoin: Van de Poppe Eyes Breakout Above $81K
Michaël van de Poppe notes Bitcoin sits at a pivotal spot and refuses to extend lower, arguing that flipping $81,000 would open the path to new highs in his October 27, 2026 post.
SourceAnalysis
Bitcoin trades at $80,589.98 while Michaël van de Poppe argues the market refuses to extend lower and sits ready for an upside breakout if price reclaims $81,000.
Price action on the 4-hour chart shows a bearish structure with price capped by the EMA50 at $81,090.62 and the EMA200 at $81,742.32, yet the MACD has printed a golden cross at -317.39 while RSI holds neutral at 49.65. With Bitcoin pressing the upper Bollinger Band at $81,085.61 and the lower band sitting at $79,528.65, a rejection here would likely send price back toward the EMA50 confluence before any sustained continuation higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast