Bitcoin's recent volatility has prompted market analyst Michaël van de Poppe to highlight signs of overextension to the downside. Van de Poppe identifies key support levels at $90,000 and $86,500, suggesting that Bitcoin may consolidate within this range before potentially resuming an upward trend. He notes that liquidity sweeps and panic selling are common in deep correction cycles, but maintains a positive long-term outlook, viewing current dips as part of a broader accumulation phase.