Bitcoin Intraday: as long as 79760 is support look for 83050
May 5, 2026 8:49 AM
as long as 79760 is support look for 83050.

Our pivot point is at 79760.
Our preference:
as long as 79760 is support look for 83050.
Alternative scenario:
the downside breakout of 79760 would call for 78530 and 77800.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 80605 and 80064).
Supports and resistances:
83780 *
83050 **
82320
80777 last
79760 **
78530 *
77800 **
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