Search
Bitcoin Short Term: the upside prevails as long as 75070 is support
May 12, 2026 10:23 AM
the upside prevails as long as 75070 is support.
Our pivot point stands at 75070.
Our preference:
the upside prevails as long as 75070 is support.
Alternative scenario:
below 75070, expect 67910 and 63640.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 79049 and 74390).
Supports and resistances:
99040 *
94720 **
90400
80764 last
75070 **
67910 *
63640 **
Our preference:
the upside prevails as long as 75070 is support.
Alternative scenario:
below 75070, expect 67910 and 63640.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 79049 and 74390).
Supports and resistances:
99040 *
94720 **
90400
80764 last
75070 **
67910 *
63640 **
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
76860.31
-815.49000000001
-105.00%
