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Bitcoin holds key support above $74,917, keeping bullish outlook alive amid consolidation below resistance.

Technical Signals
13 May 2026
Coinpaper
View Source
Bullish
pluang ai news

Bitcoin is maintaining its position above a crucial short-term support level of $74,917, which keeps the bullish scenario intact. The cryptocurrency is consolidating below resistance near $81,960, with potential upside targets extending to around $97,990 if a breakout occurs. However, if Bitcoin falls below the $74,917 support, the bullish structure could weaken, shifting focus to lower support zones near $73,357 and below. For now, Bitcoin's short-term outlook remains positive as it holds above key micro support zones and awaits a possible upward move.

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