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Bitcoin Intraday: the upside prevails as long as 80720 is support
May 6, 2026 4:04 AM
the upside prevails as long as 80720 is support.
Our pivot point stands at 80720.
Our preference:
the upside prevails as long as 80720 is support.
Alternative scenario:
below 80720, expect 79640 and 79000.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 81351 and 81196).
Supports and resistances:
84150 *
83510 **
82870
81560 last
80720 **
79640 *
79000 **
Our preference:
the upside prevails as long as 80720 is support.
Alternative scenario:
below 80720, expect 79640 and 79000.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 81351 and 81196).
Supports and resistances:
84150 *
83510 **
82870
81560 last
80720 **
79640 *
79000 **
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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