Bitcoin Price Prediction: What’s Next for BTC After Reclaiming $80K Resistance?
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Bitcoin trades above $80,000 in the first full week of May, pressing the upper boundary of the recovery supply zone that capped the rally. The 100-day MA (~$72,000) has been reclaimed for several days and RSI holding 60–65 shows healthy momentum without overbought conditions; on-chain data since the February lows is beginning to support the rally, positive for crypto adoption and market impact.
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Bitcoin is trading above $80k as the first full week of May opens, pressing against the upper boundary of that supply zone that has been the defining ceiling of the recovery. With the 100-day moving average now clearly reclaimed, the structure is the most constructive it has been since the cycle peak, and the on-chain data from the February lows is now beginning to pay dividends.
Bitcoin Price Analysis: The Daily Chart
Bitcoin has spent several consecutive days holding above the 100-day MA (~$72k), confirming the reclaim rather than treating it as a fleeting wick. The RSI is sustaining in the 60–65 range, which shows healthy momentum without the overbought excess that has preceded prior failed breakouts.
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Coins
$ 63.82K
-3.65%
$ 0.00235
-22.4%Predictions Markets
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In This News
Coins
$ 63.82K
-3.65%$ 0.00235
-22.4%Predictions Markets
See what traders are focused on
Share:
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