Bitcoin: Van de Poppe Flags Sub-$80K Flush Risk

Bitcoin failed to hold gains from its recent leverage and news-driven push, according to Michaël van de Poppe, who now expects the market to remain slightly bearish and sweep below $80,000 over the next 3-5 days as a final long flush.

Price sits at $81,717.45 inside the Bollinger Bands with the upper band at $84,512.94 acting as immediate resistance while the lower band at $80,748.77 marks short-term support. The EMA50 at $82,530.47 and EMA200 at $82,131.67 both sit above spot, confirming a bearish trend structure, and the MACD death cross at 118.09 reinforces downside momentum even as RSI at 42.56 stays neutral. This confluence points to a probable test of the lower band and sub-$80,000 liquidity before any sustained reversal.