Search
Bitcoin Intraday: the downside prevails as long as 81770 is resistance
May 12, 2026 8:50 AM
the downside prevails as long as 81770 is resistance.
Our pivot point is at 81770.
Our preference:
the downside prevails as long as 81770 is resistance.
Alternative scenario:
the upside breakout of 81770, would call for 82830 and 83470.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 81215 and 81318).
Supports and resistances:
83470 **
82830 *
81770 **
80913 last
79560
78930 **
78300 *
Our preference:
the downside prevails as long as 81770 is resistance.
Alternative scenario:
the upside breakout of 81770, would call for 82830 and 83470.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 81215 and 81318).
Supports and resistances:
83470 **
82830 *
81770 **
80913 last
79560
78930 **
78300 *
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.
Related Instruments
Bitcoin
76858.36
-817.44
-105.20%
