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Michaël van de Poppe says Bitcoin must reclaim $75,000 to reverse its slide

NewsFeeds update

Michaël van de Poppe said Bitcoin needs to reclaim $75,000 to stage a rebound after five straight bearish weekly candles, with a failure leaving the downtrend intact and opening the way to $71,000. Holding that level would signal buyers are regaining control, he said.

BitcoinCoinNessAIBearish

Read the original on CoinNess

The story so far: Michaël van de Poppe Bitcoin price outlook

Michaël van de Poppe said Bitcoin could drop towards $79,000 or $77,000 if it loses $82,000, and later that $80,000 is key support, with a break below risking $75,000. He now says BTC must reclaim $75,000 after five bearish weekly candles, with failure opening the way to $71,000.

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  1. Michaël van de Poppe says a fall below $82,000 could speed up Bitcoin's decline

  2. Michaël van de Poppe says Bitcoin could accelerate towards $90,000 if it clears $82,000

  3. Michaël van de Poppe says a break below $80,000 could send Bitcoin to $75,000

  4. Michaël van de Poppe says Bitcoin needs to hold $80,000 support

  5. Michaël van de Poppe says Bitcoin must reclaim $75,000 to reverse its slide

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Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.