Bitcoin: Van de Poppe Flags Sub-$77K Consolidation Risk

Bitcoin approaches the lower bound of its range as Michaël van de Poppe stresses the preference for a sweep of that low followed by an immediate bounce to preserve the uptrend, cautioning that a break beneath $77,000 would signal its end and usher in prolonged consolidation. With BTC at $79996.01 inside the Bollinger Bands, the $82004.19 EMA50 and $81998.09 EMA200 now function as firm overhead resistance while the MACD death cross at -503.55 keeps momentum bearish and RSI at 30.22 stays neutral, pointing to a likely test of the $79424.33 lower band before any sustained recovery attempt.