Analyst: If Bitcoin breaks through the key resistance level of $82,000, it may accelerate its upward probe to $90,000.

October 18 - Crypto analyst Michaël van de Poppe posted that Bitcoin's price volatility range is gradually narrowing, volatility is decreasing, and a larger market movement may be imminent, but a "fake move" may occur first before that.

He pointed out that this "fake move" could take Bitcoin's price below $80,000, into the "blue box" area marked on his chart. This area has been touched once before, and he would not be surprised if it is retested, believing it would be an ideal entry zone.

Regarding the conditions for an uptrend, he said that if Bitcoin breaks through the key resistance level of $82,000, the rally will begin to accelerate and is likely to move toward $90,000.