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Bitcoin Intraday: as long as 76150 is support look for 78970
May 20, 2026 1:49 PM
as long as 76150 is support look for 78970.
Our pivot point stands at 76150.
Our preference:
as long as 76150 is support look for 78970.
Alternative scenario:
the downside breakout of 76150 would call for 75200 and 74630.
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 below its 20 period moving average (77253) but above its 50 period moving average (76914).
Supports and resistances:
79540 *
78970 **
78400
77182 last
76150 **
75200 *
74630 **
Our preference:
as long as 76150 is support look for 78970.
Alternative scenario:
the downside breakout of 76150 would call for 75200 and 74630.
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 below its 20 period moving average (77253) but above its 50 period moving average (76914).
Supports and resistances:
79540 *
78970 **
78400
77182 last
76150 **
75200 *
74630 **
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