Bitcoin Intraday: the upside prevails as long as 79590 is support
May 9, 2026 5:45 AM
the upside prevails as long as 79590 is support.

79590 is our pivot point.
Our preference:
the upside prevails as long as 79590 is support.
Alternative scenario:
the downside breakout of 79590 would call for 78530 and 77900.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 80306 and 80062).
Supports and resistances:
82970 *
82340 **
81710
80450 last
79590 **
78530 *
77900 **
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