According to Michaël van de Poppe, Bitcoin is currently in a consolidation phase, poised to test the $87K resistance level again. A successful breakout could lead to a new all-time high. This situation presents a critical trading opportunity for investors anticipating a bullish trend. Traders should monitor the $87K level closely as breaking it could signal a significant upward rally in Bitcoin's price, possibly leading to a new ATH.

According to Michaël van de Poppe, Bitcoin has returned to a trading range after a failed breakout attempt during an event. The key resistance level to watch is $87K, while maintaining support above $80K is crucial for potential rallies.