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$BTC *Bitcoin (BTC) May 8, 2026*
Bitcoin on May 8, 2026, is expected to move within the range of *$74,000 - $79,000*, testing the resistance zone at $79,400. The current BTC price is around $75,000–$76,000 with the nearest support at $74,600. 19f6e84b
Macro pressures remain strong: the 30-year US bond yield reaches 5% and oil prices break through $125/barrel, causing risk assets to be held back. Bitcoin ETF records outflows of $490.62 million in a week, signaling weakening institutional sentiment. 19f6
If it can hold above the EMA 50/100, the chance to test $82,228 opens in mid-May. However, without a breakout, BTC is vulnerable to a correction toward $30,000 according to the US election year pattern. 5401