Michaël van de Poppe: BTC Breakout Fuels Altcoin Bets
Michaël van de Poppe adds $10,000 to altcoins including TAO as Bitcoin consolidates near $80K after clean breakout, with 4h chart showing EMA50 support at $77337.
SourceAnalysis
Michaël van de Poppe just deployed the final $10,000 of a $210,000 altcoin allocation still underwater, betting the Bitcoin breakout at $80K copies the 2022 pattern and ends the pain rather than retracing as a bear market rally.
Three drivers separate this move: overdue on-chain growth, a flipped macro framework, and AI capital rotating into crypto, with $TAO among the positions alongside native tokens on near, Ethereum, Avalanche and breakouts in $SOL, $LINK, $AAVE.
Bitcoin trades at $77944.79 inside Bollinger Bands bounded by $79705.16 resistance and $76835.72 support while the EMA50 at $77337.19 and EMA200 at $70966.65 anchor the bullish structure; RSI at 46.8 stays neutral yet the MACD death cross at -73.14 signals near-term pressure, so price action likely probes the upper band before any healthy pullback to the 50-EMA confluence that would reset momentum for continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast