Crypto trading expert Michaël van de Poppe has presented long-term opportunities for Bitcoin (BTC) to consider starting May 22, 2026.
As the price of Bitcoin is consolidating around $76,000, after rejecting the recent resistance around $82,000, Poppe said that the support level above $75,000 should hold to confirm his close bull meeting. In addition, Poppe indicated that the price of BTC has consistently closed above the 20-day Moving Average (MA), which has served as a support level since early April.
With the price of Bitcoin having a CME gap of about $79,000, the analyst predicted that a rally to $82,000 could happen in the coming weeks. Also, he believes that the price of BTC can support the new highs before it meets the major resistance around the 50-day MA.
“If Bitcoin is able to return to the plateau, which I think we can see in June, we can see the run of $90,000 and the 50-MA as an important point,” Poppe. he said.
The views of Bitcoin’s value as a property and marketer are conflicting
Bitcoin price has been locked in a horizontal consolidation since April 22, and at the time of publication. Over the past 30 days, the price of BTC has fallen by about 3%, trading at about $76,770 at press time.
The currency has been on a downward spiral amid well-known disputes between traders on the spot and extras. For example, the current Bitcoin market has grown over the past three months, with traders leaning in, such as Finbold. report.
On the other hand, the United States BTC exchange traded funds (ETFs) recorded two consecutive weeks of outflows totaling $2.1 billion, according to data from SoSoValue.
Meanwhile, Bitcoin Coinbase Needs Gap, the difference between the price of BTC on Coinbase and Binance, has dropped to the lowest negative level since February, indicating increased selling pressure in the United States, based on metrics from CryptoQuant. In this way, clear guidance can be established when business partners agree on expectations among themselves.
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