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Bitcoin Short Term: the bias remains bullish

May 11, 2026 6:58 AM
long positions above 74090 with targets at 90130 & 94550 in extension.
image
Pivot: 74090
Our preference:
long positions above 74090 with targets at 90130 & 94550 in extension.
Alternative scenario:
below 74090 look for further downside with 66810 & 62470 as targets.
Comment:
the RSI is supported by a rising trend line.
Supports and resistances:
98960
94550
90130
80968 Last
74090
66810
62470
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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