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Bitcoin Intraday: our next up target stands at 78620
May 19, 2026 7:15 PM
our next up target stands at 78620.
75980 is our pivot point.
Our preference:
our next up target stands at 78620.
Alternative scenario:
the downside breakout of 75980 would call for 75030 and 74460.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76695 and 76796).
Supports and resistances:
79190 *
78620 **
78050
76918 last
75980 **
75030 *
74460 **
Our preference:
our next up target stands at 78620.
Alternative scenario:
the downside breakout of 75980 would call for 75030 and 74460.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76695 and 76796).
Supports and resistances:
79190 *
78620 **
78050
76918 last
75980 **
75030 *
74460 **
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