Bitcoin: Van de Poppe Flags $84K Reclaim Signal
Bitcoin trades at $83977.72 while Michaël van de Poppe calls $84K reclaim a strong bullish signal on the 4h chart.
SourceAnalysis
Bitcoin at $83977.72 drew fresh attention after Michaël van de Poppe stated that the recent dip may mark the low and that reclaiming $84,000 would confirm the next leg higher.
Price remains inside the Bollinger bands with upper resistance at $85122.29 and lower support at $83015.31, while the 50-EMA at $83485.37 and 200-EMA at $78946.93 continue to anchor the bullish structure; the neutral RSI at 49.76 combined with the MACD death cross at -126.64 points to a brief consolidation before any sustained move, aligning with standard BTC price prediction models that watch these exact levels for continuation or rejection.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast