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Bitcoin Intraday: the upside prevails as long as 79020 is support
May 4, 2026 5:44 AM
the upside prevails as long as 79020 is support.
Our pivot point is at 79020.
Our preference:
the upside prevails as long as 79020 is support.
Alternative scenario:
the downside breakout of 79020 would call for 77800 and 77080.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 79358 and 78875).
Supports and resistances:
82990 *
82260 **
81540
80062 last
79020 **
77800 *
77080 **
Our preference:
the upside prevails as long as 79020 is support.
Alternative scenario:
the downside breakout of 79020 would call for 77800 and 77080.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 79358 and 78875).
Supports and resistances:
82990 *
82260 **
81540
80062 last
79020 **
77800 *
77080 **
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