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Bitcoin breaks above $80,000, eyes $85,000 as next resistance amid bullish daily signals.

Technical Signals
04 May 2026
BeInCrypto
Bullish
pluang ai news

Bitcoin has surpassed $80,000 for the first time since January, signaling a bullish breakout with daily RSI and MACD indicators turning positive. The key resistance now shifts to $85,000, with analyst Michael van de Poppe highlighting $86,000 to $88,000 as the first major resistance zone. However, a 4-hour chart shows a potential risk of a drop back to $75,000 if Bitcoin fails to hold above a broken ascending channel. The next 24 to 48 hours are critical to confirm whether the bullish momentum will continue or if a retracement will occur.

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