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Analyst: BTC uptrend intact if it holds $75K-$76K support

May 19, 2026, 8:37 AM
Cryptocurrency analyst Michaël van de Poppe noted on X that despite large-scale liquidations of BTC long positions and a surge in trading volume during this week's correction, Bitcoin did not experience a sharp drop. He added that, unlike in past corrections, altcoins also saw limited losses relative to BTC. However, van de Poppe cautioned that trends on the weekly and monthly charts are still showing bearish signals, so the possibility of a further decline cannot be entirely ruled out. He concluded that if BTC can maintain support in the key $75,000 to $76,000 zone, it could rally to $79,210, where last week's CME gap is located.

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