Bitcoin Intraday: the upside prevails as long as 79350 is support
May 5, 2026 2:04 AM
the upside prevails as long as 79350 is support.

Our pivot point is at 79350.
Our preference:
the upside prevails as long as 79350 is support.
Alternative scenario:
below 79350, expect 78130 and 77410.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 80133 and 79831).
Supports and resistances:
83250 *
82520 **
81800
80317 last
79350 **
78130 *
77410 **
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