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Bitcoin holds key $78,180 support, eyes $84K-$85K CME gap for next rally target.

Technical Signals
09 May 2026
Coinpaper
View Source
Bullish
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Bitcoin is maintaining its position above the critical $78,180 support level, signaling a bullish trend continuation. Traders are watching closely as BTC enters a weekly fair value gap near $80,000, with the next major resistance being the $84,000 to $85,000 CME gap. If Bitcoin can sustain above $78,180, it may push toward $87,000, but a drop below this level could lead to a deeper correction with support near $74,917. The market's next move depends on whether buyers can defend this key level and continue the recovery momentum.

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