Market Analysis of Bitcoin on Monday 18 May 2025

2026-05-18 02:55Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 78730 is resistance
 
Our pivot point stands at 78730.
 
Our preference:
The downside prevails as long as 78730 is resistance.
 
Alternative scenario:
Above 78730, look for 79730 and 80330.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 78106 and 78115).

Analyst Views Chart

More