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Bitcoin needs to hold $74,000 to aim for a recovery toward $80,000, says trader Michaël van de Poppe.

Analyst Insights
11 Nov 2026, 11:11 WIB
Tokenpost
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Bullish
Bitcoin needs to hold $74,000 to aim for a recovery toward $80,000, says trader Michaël van de Poppe.

Crypto trader Michaël van de Poppe is optimistic about Bitcoin's price, stating it must maintain support around $74,000 to potentially recover toward $80,000. As of early Nov. 11, Bitcoin traded near $73,755, close to this critical level. Holding above $74,000 is key for a bullish move, but the timeframe for reaching $80,000 remains uncertain. This outlook highlights the importance of Bitcoin's price stability at this level for future gains.

Bitcoin trades at Rp1.330.936.441 on Pluang as of Nov 11, 2026 16:21 WIB, down 1.05% in the last day. The platform shows 76% of users buying Bitcoin, with a typical hold time of 113 days. This data highlights steady interest despite recent price dips near key support levels.

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