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Bitcoin Intraday: rebound towards 81830

May 7, 2026 11:08 PM
rebound towards 81830.
image
79060 is our pivot point.
Our preference:
rebound towards 81830.
Alternative scenario:
the downside breakout of 79060 would call for 78010 and 77380.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 80011 and 80668).
Supports and resistances:
82460 *
81830 **
81200
79942 last
79060 **
78010 *
77380 **
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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