Erlanpobela

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Bitcoin has a slight chance of rising today approaching the $79,000 level, but its movement tends to slow down (consolidate) as investors are monitoring whether the price can break through the psychological level of $80,000.
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BTC-0.09%
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In the short term, BTC is predicted to move volatile within the range of $76,000 - $82,000 throughout May. A decline may occur as a form of "healthy correction" after the sharp increase in April.
BTC-0.09%
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Positive Technology Sentiment: Recent price increases were driven by positive earnings reports from major US tech companies (such as Apple, Microsoft, and Meta) boosting investor confidence in risk assets.
Important Technical Levels:
Resistance: The next upward target is at the $79,000 to $82,200 level (200-day EMA).
Support: The critical support area is around $74,600 - $75,000.
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