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Bitcoin Intraday: the downside prevails as long as 81880 is resistance
May 12, 2026 4:05 AM
the downside prevails as long as 81880 is resistance.
81880 is our pivot point.
Our preference:
the downside prevails as long as 81880 is resistance.
Alternative scenario:
the upside breakout of 81880, would call for 82950 and 83580.
Comment:
the RSI is below 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 81547 and 81268).
Supports and resistances:
83580 **
82950 *
81880 **
81033 last
79750
79120 **
78480 *
Our preference:
the downside prevails as long as 81880 is resistance.
Alternative scenario:
the upside breakout of 81880, would call for 82950 and 83580.
Comment:
the RSI is below 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 81547 and 81268).
Supports and resistances:
83580 **
82950 *
81880 **
81033 last
79750
79120 **
78480 *
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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