Technical Signals Still Favor Bitcoin Bulls

[etfs]

From a technical perspective, Bitcoin’s structure remains constructive despite recent volatility. According to Michaël van de Poppe, BTC is trading above its 21-day moving average—a key short-term support level that often signals continued upside momentum if maintained.

This strength is particularly significant given Bitcoin’s recent history. After a sharp flash crash in October, BTC fell more than 30% from highs above $125,000 to lows near $80,000 before rebounding. Holding above $90,000 suggests buyers are still defending key levels despite lingering macro uncertainty.

[mendez]

staying above the 21dma feels boring but thats usually when btc is actually strong