Bitcoin: Van de Poppe Flags $80K Hold for Bullish Quarter

Michaël van de Poppe sees the Bitcoin correction from the $87,000 high as shallow and remains constructive while price holds above $80,000, warning that a break lower opens a fast move toward $75,000, whereas a reclaim of $83,000 resistance sets up a bullish quarter.

Price at $81,400 sits inside the Bollinger Bands with upper resistance at $82,695 and lower support at $80,904, while the EMA50 at $82,211 and EMA200 at $82,045 cap upside and confirm the bearish structure; the MACD death cross at -90.17 reinforces downside pressure, yet the neutral RSI at 44.21 leaves room for a test of the lower band before any sustained recovery.