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Bitcoin Intraday: above its upper Bollinger band
May 8, 2026 10:58 AM
our next up target stands at 82120.
Our pivot point stands at 79060.
Our preference:
our next up target stands at 82120.
Alternative scenario:
below 79060, expect 78010 and 77380.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 79680 and 80001). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (80073).
Supports and resistances:
82750 *
82120 **
81490
80196 last
79060 **
78010 *
77380 **
Our preference:
our next up target stands at 82120.
Alternative scenario:
below 79060, expect 78010 and 77380.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 79680 and 80001). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (80073).
Supports and resistances:
82750 *
82120 **
81490
80196 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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