According to Michaël van de Poppe, a well-known cryptocurrency analyst, there is a strong bullish divergence on Bitcoin, suggesting a potential breakout if Bitcoin can hold above the $80,000 resistance level. This technical pattern indicates a possible reversal of the current downtrend, providing traders with a critical point of focus. Van de Poppe emphasizes that maintaining this level could signal a significant upward movement in Bitcoin's price, making it a crucial threshold for bullish traders to monitor.

According to Michaël van de Poppe, Bitcoin is experiencing a strong bullish divergence with an additional confirmation after testing the $80,000 mark and bouncing upwards. This suggests a potential continuation towards $85,000 or more in the upcoming week, contingent on either a deal being made or intervention by a central bank.