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Bitcoin eyes $85K as bulls defend key support and await breakout above $82K resistance.

Technical Signals
12 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitcoin has reclaimed its 50-day and 100-day moving averages, signaling a shift from bearish to bullish momentum. The price is currently facing resistance near $82,000, with multiple failed breakout attempts due to declining buying volume. Bulls are defending a crucial support zone between $78,000 and $79,000, maintaining the uptrend. A confirmed breakout above $82,000 could lead to a move toward $85,000 and higher local highs, while traders watch macroeconomic factors and inflation data that could impact short-term volatility.

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