Bitcoin Bottom In? 2 Key Resistance Zones To | Crypto News
Popular market pundit Michaël van de Poppe has acknowledged that Bitcoin has already recorded its cycle backside. The premier cryptocurrency is presently in a sustained uptrend that started in early April. During this time, Bitcoin’s price has surged from around $67,500 to a current peak of around $80,000, culminating in an approximate web gain of 20%.
50-Week MA Indicator Represents Pivotal Encounter For Bitcoin Bulls
In line with his bullish outlook, van de Poppe has highlighted two essential price obstacles that lie forward in this postulated market recovery, supported by a historic sample that transcends market cycles. Using data from 2017 to 2024, the seasoned analyst explains that the first rally in any bull cycle often encounters pivotal resistance at the last important help stage and/or the 50-Week Moving Average (MA).
Going by this historic data, the rapid resistance stage for Bitcoin lies between $86,000 and $88,000, a price zone that had served as the major help area from November to January, prior to the heavy market sell-off that closed out January.
There are two essential resistance zones for #Bitcoin to monitor.
– $86-88K. – $93-95K (at the 50-Week MA).
In any first rally of the bull cycle, you'll see resistance around the earlier help stage and/or the 50-Week MA.
Has been the case in the 2017, 2021, and 2024 cycles.… pic.twitter.com/0uAQj4VMkw
— Michaël van de Poppe (@CryptoMichNL) (*2*)May 9, 2026
However, the more important resistance stage sits larger. As the identify implies, the 50-Week Moving Average (MA) is a long-term technical indicator that tracks the average closing price of an asset over the past 50 weeks to establish the broader market pattern. It is often used to spot major resistance or help ranges and to verify bullish and bearish market momentum.
Van de Poppe’s Bitcoin analysis reveals that the 50-Week MA has persistently acted as a major flip zone during Bitcoin bull markets once it’s below the 200-week shifting average, which serves as a vital long-term help stage. As seen in the earlier cycle, this crossover turns the 50-week MA into a strong help stage, paving the best way for an prolonged price rally.
Altcoin Rally, Market Retrace – Bull Run Bears Multi-Phases
According to van de Poppe, there’s a strong risk that Bitcoin consolidates around the highlighted resistance zones for a few weeks. During this time, the analyst predicts that altcoins may entice capital inflows and register a important rally, presenting an early alternative to recoup losses from the bear market or compound positive aspects for new market entrants.
However, van de Poppe also warns that Bitcoin may retest the $70,000-$75,000 vary before resuming its bull rally. At press time, Bitcoin trades at $80,900, up 1.02% over the past day. Meanwhile, daily trading quantity is down 44.29% to $19.29 billion.
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