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Bitcoin holds key support, eyes breakout above $78,600 for next rally toward $82,750.

Technical Signals
21 May 2026
Coinpaper
View Source
Neutral
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Bitcoin is maintaining a crucial support and resistance flip on its daily chart, supported by the 50- and 100-day EMAs nearing a bullish crossover. The price is currently around $77,918, holding above the $76,000-$77,000 support zone, which was previously resistance. However, Bitcoin faces short-term pressure below $78,600, a key breakout level needed to confirm a stronger upward move toward the next resistance near $82,750. If Bitcoin surpasses the February high around $79,000 and sustains momentum, it could test the 200-day moving average near $81,645. For now, the setup remains constructive but cautious as buyers defend key Fibonacci support levels while awaiting a decisive breakout.

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