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Bitcoin Intraday: the downside prevails as long as 80050 is resistance
May 4, 2026 1:49 PM
the downside prevails as long as 80050 is resistance.
Our pivot point is at 80050.
Our preference:
the downside prevails as long as 80050 is resistance.
Alternative scenario:
the upside breakout of 80050, would call for 81250 and 81970.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 79478 and 79153).
Supports and resistances:
81970 **
81250 *
80050 **
78872 last
77340
76630 **
75920 *
Our preference:
the downside prevails as long as 80050 is resistance.
Alternative scenario:
the upside breakout of 80050, would call for 81250 and 81970.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 79478 and 79153).
Supports and resistances:
81970 **
81250 *
80050 **
78872 last
77340
76630 **
75920 *
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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