Bitcoin slipped beneath the $75,000-$76,000 zone on a classic Friday correction, flipping trader Michaël van de Poppe's thesis and raising the risk of a deeper move toward the $60Ks.

Reclaiming $76,600 now stands as the immediate trigger for renewed bullish momentum, while multiple CME gaps sit above the market with the largest at $79,100.

Price currently trades at $77,317.85 inside the Bollinger Bands with the upper resistance at $78,292.59 and lower support at $74,673.94; the 50-EMA at $77,239.88 and 200-EMA at $77,301.61 act as concrete confluence support. With RSI(14) at 55.15 remaining neutral and MACD showing a bullish golden cross at -26.89, the structure favors a test of upper-band resistance before any sustained continuation higher, yet failure to hold the EMA cluster would open the lower band quickly.

Altcoin volatility stays elevated, prompting tighter profit-taking to hedge portfolio risk until BTC confirms direction.