Latest Update
2026-09-29 00:09 UTC

Bitcoin: Van de Poppe Flags $84K Break as Correction End

Bitcoin: Van de Poppe Flags $84K Break as Correction End

Bitcoin trades at $84223.18 while Michaël van de Poppe states a break above $84,000 ends the correction. 4h chart analysis shows EMA50 support at $83504.84 amid neutral RSI.

Source

Analysis

Bitcoin draws fresh optimism from Michaël van de Poppe who posted that a decisive move above $84,000 would mark the end of the correction.

Price currently sits at $84223.18, holding above the EMA50 at $83504.84 and the EMA200 at $79167.61, preserving the broader bullish trend structure on the 4h chart.

With price testing upper Bollinger resistance at $85182.93 while RSI(14) remains neutral at 53.53 and MACD shows a bearish death cross at -116.89, a healthy retracement to the 50-EMA support at $83504.84 seems probable before further continuation. Traders tracking BTC price prediction now watch for volume confirmation on any push through $84,000 to validate the breakout thesis.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast