Bitcoin / Dollar intraday: above its upper Bollinger band

Limited Increase
u
20260121144054ffd0d089c66a58aaa4ff168a1f1cbfe5
BTCUSD+0%
2026-05-05 15:49Source:TC

Our pivot point stands at 80370.

Our preference: the upside prevails as long as 80370 is support.

Alternative scenario: the downside breakout of 80370 would call for 79300 and 78670.

Comment: the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). 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 80963 and 80430). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 81460).

Supports and resistances:

84110 *

83470 **

82830

81500 last

80370 **

79300 *

78670 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-05-2026 at 15:49 UTC+1

Price reference: 81500 last known on 05-05-2026 at 15:49 UTC+1

Investment horizon: INTRADAY

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