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Bitcoin nears $79K resistance; a breakout could push price to $86K-$88K amid mixed analyst views.

Market News
01 May 2026
Crypto news
View Source
Bullish
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Bitcoin is trading around $77,250 and must break above $79,000 to target the next resistance zone between $86,000 and $88,000. Analysts are divided as Bitcoin maintains an uptrend despite increased short-term selling pressure from over 10,000 BTC moved to exchanges last week. While the price gained 2% in the past day, it remains slightly down over the week. A clean break above $79,000 would confirm stronger momentum, supported by rising moving averages, though volume has yet to signal a major breakout. Support levels are near $73,000 to $74,000, with deeper support at $65,000 and $60,000. Seasonal trends for May show no clear bearish pattern, keeping the outlook cautiously optimistic.

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