Bitcoin Technical Analysis : BTC/USD 8 May 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 8 May 2025

Momentum : Up

First Scenario : long positions above 98,522.66 with targets at 99,420.02, 100,216.14 and 100,866.27

Second Scenario : short positions below 98,522.66 with targets at 97,731.11, 96,886.44 and 96,164.67

Comment : RSI - Bullish.

Supports and resistances :

100,866.27 **
100,216.14 *
99,420.02
98,884.38 - Last price
97,731.11
96,886.44 *
96,164.67 **

Warning : This information is not a buy-sell signal.