Bitcoin: $78,000 Level Faces Critical Test

Latest Update
9/8/2026 2:35:00 PM

<a href="https://xpertsstudio.com/bitcoin-sth-whale-sits-at-9-07b-unrealized-profit-but-why-is-it-concerning/” title=”Bitcoin STH Whale Sits at $9.07B Unrealized Profit, But Why Is It Concerning?”>Bitcoin: $78,000 Level Faces Critical Test

Bitcoin tests $78,000 as Michaël van de Poppe eyes hold for leg higher or $74,000 correction. BTC price action aligns with 4h technical confluence.

Analysis

Bitcoin faces a decisive test at the $78,000 level according to Michaël van de Poppe, who anticipates a hold that triggers another advance toward recent highs while warning that a break opens the door to $74,000.

Price at $78468.74 sits just above the lower Bollinger Band support at $78321.57 with the EMA50 acting as immediate resistance at $78983.2 and the EMA200 providing deeper floor value at $73833.75. The MACD death cross at -208.67 keeps the 4h structure bearish even as RSI at 40.19 leaves room for continuation without oversold conditions, suggesting any sustained push above the upper band at $80550.61 would require fresh momentum to overcome the EMA50 confluence before targeting higher.

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Source: blockchain.news