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BTC stabilizes at 78,000! The bulls' counterattack horn has sounded, and today's target is the 80k mark?
Brothers, today is May 2, 2026. Currently, BTC is like a fierce beast just waking up, repeatedly rubbing around $78,414, gathering momentum. Let’s skip the chatter and get straight to the essentials, see how this “bullish” strategy today is solidly executed!
Market analysis in plain language
1-hour chart (ultra short-term):
Currently, the price is consolidating sideways near $78,414. We can see a small resistance above 78,500 on the hourly chart, but the support below is very strong, bouncing back each time it dips to 78,200. The moving average system has already formed a golden cross upward, indicating bullish sentiment is building up, ready to break out violently at any moment.
4-hour chart (intraday swing):
From the major trend, BTC has shaken off the previous gloom and is now moving in a standard upward channel. The current $78,414 is just above the middle line of the channel. As long as it stays steady today without dropping below 77,500, breaking through the 80,000 barrier is only a matter of time.
Today’s bullish trading plan, executed at market price:
Position opening direction: Long
Open at market price: 78,414
First take profit (TP1): 79,198
Second take profit (TP2): 79,982
Stop loss (SL): 77,237