After Bitcoin ($BTC) price struggled to rally beyond $82,200 last week, trading expert Michaël van de Poppe has issued a near-term prediction.
Bitcoin price remains on an upward trajectory despite its recent correction, according to analysis from Poppe shared on May 11, 2026. He argued that $BTC price has strong bullish momentum because it has not broken below its 21-day Moving Average (MA).
Additionally, Poppe countered the rising bearish sentiment, as Finbold highlighted, noting that the flagship coin has not violated its rising structure, characterized by higher highs and higher lows. As such, the analyst set the next major resistance range for Bitcoin price between $86,549 and $90,364.
The near-term bullish outlook for Bitcoin could, however, be invalidated if it consistently closes below a liquidity range between $71,438 and $73,408. If $BTC breaks below this support range, the analyst has set $65,117 as the next hurdle before capitulating to a potential bear-market bottom between $59,600 and $60,749.
Top reason why Bitcoin price could rally further soon
A potential trend reversal for Bitcoin price has been bolstered by fresh capital flowing back into the network for the first time since January 2026. Furthemore, the Bitcoin’s Realized Cap Net Position Change, which tracks the 30-day rolling change in the aggregate cost basis of all Bitcoin in circulation, flipped back into positive territory in early May 2026, based on metrics from CryptoQuant.
Amid the fresh capital inflow into Bitcoin, Poppe signaled that its recent correction could be driven by an unfilled CME gap at $80,515.
As a result, if fresh liquidity flows into $BTC turn negative again, its bullish outlook could be invalidated, and vice versa.
