May 6, 2026
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BULLISH 📈 : Bitcoin holds $80K support, targets $81.5K-$82K breakout as bulls drive gains
Bitcoin clears $80,800 and holds above $80,500. Price consolidates near $81k and eyes $81,500.
Bitcoin found support near $78,800. Bulls reclaimed $79,200 and $80,000. Source confirms support and bounce here.
High printed at $81,765. Price sits above the 100-hour SMA. Prior context on the SMA move here.
Trend line supports $80,150 on the hourly chart. Data feed references Kraken.
If price closes above $81,750, targets shift to $82,500, then $83,200 and $84,500. Immediate resistance stands at $81,500.
Fail to break, and pullback risks grow. First supports: $80,500 and $80,150. Next: $78,350, then $77,550. Main support sits at $76,500.
Hourly MACD turns up. RSI holds above 50.
- Intraday high: $81,765
- Key resistances: $81,500, $81,750, $82,500, $83,200, $84,500
- Key supports: $80,500, $80,150, $78,350, $77,550, $76,500
- Fib 23.6% holds above $80k
