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Bitcoin Intraday: rebound towards 81580
May 8, 2026 5:44 AM
rebound towards 81580.
78800 is our pivot point.
Our preference:
rebound towards 81580.
Alternative scenario:
the downside breakout of 78800 would call for 77750 and 77130.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 79774 and 80298).
Supports and resistances:
82210 *
81580 **
80960
79707 last
78800 **
77750 *
77130 **
Our preference:
rebound towards 81580.
Alternative scenario:
the downside breakout of 78800 would call for 77750 and 77130.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 79774 and 80298).
Supports and resistances:
82210 *
81580 **
80960
79707 last
78800 **
77750 *
77130 **
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