Bitcoin: Van de Poppe Maps BTC Sweep Scenarios
Bitcoin at $79631.78 eyes $76400 sweep or $79500 rally as Michaël van de Poppe details scenarios after Trump news impact.
SourceAnalysis
Bitcoin swept lows then reclaimed highs after Trump news triggered the dip, with Michaël van de Poppe outlining two paths: a test of $76400 support that could unlock rallies to $79500 and $82600 this week, or failure opening $74000 longs, while holding current levels fuels another altcoins surge.
Price at $79631.78 tests upper Bollinger resistance at $78989.8 with RSI(14) at 75.06 flashing overbought and MACD showing a death cross, yet the bullish structure above EMA50 support at $72639.08 and EMA200 at $67088.17 suggests any healthy retracement targets that 50-EMA before continuation higher on the 4h chart.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast