{"id":94774,"date":"2026-05-05T08:00:07","date_gmt":"2026-05-05T08:00:07","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/05\/05\/bitcoin-price-holds-firm-near-highs-more-gains-could-follow\/"},"modified":"2026-05-05T08:00:07","modified_gmt":"2026-05-05T08:00:07","slug":"bitcoin-price-holds-firm-near-highs-more-gains-could-follow","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/05\/05\/bitcoin-price-holds-firm-near-highs-more-gains-could-follow\/","title":{"rendered":"Bitcoin Price Holds Firm Near Highs, More Gains Could Follow"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"ftwp-postcontent\">\n<p><em>Bitcoin worth began a recent improve and cleared the $80,500 zone. BTC is consolidating and may purpose for extra positive aspects above the $81,200 degree.<\/em><\/p>\n<ul>\n<li>Bitcoin managed to remain above $78,500 and began a recent improve.<\/li>\n<li>The worth is buying and selling above $78,800 and the 100 hourly easy shifting common.<\/li>\n<li>There is a bullish pattern line forming with help at $79,200 on the hourly chart of the BTC\/USD pair (information feed from Kraken).<\/li>\n<li>The pair may lengthen positive aspects if it stays above the $79,200 and $78,800 ranges.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\" class=\"ftwp-heading\">Bitcoin Price Eyes Fresh Highs above $81K<\/h2>\n<p>Bitcoin worth discovered help close to $78,500 and began a <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-cracks-80k-2\/\" target=\"_blank\">fresh increase<\/a>. BTC gained tempo for a transfer above the $78,800 and $79,200 resistance ranges.<\/p>\n<p>The bulls even pushed the worth above $80,500. A excessive was shaped at $80,770, and the worth began a consolidation section above the 23.6% Fib retracement degree of the upward transfer from the $74,940 swing low to the $80,770 excessive.<\/p>\n<p>Bitcoin is now buying and selling above $79,200 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-near-resistance-77k\/\" target=\"_blank\">100 hourly simple moving average<\/a>. There can be a bullish pattern line forming with help at $79,200 on the hourly chart of the BTC\/USD pair.<\/p>\n<figure id=\"attachment_894603\" aria-describedby=\"caption-attachment-894603\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"size-full wp-image-894603\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png?resize=1024%2C472\" alt=\"Bitcoin Price\" width=\"1024\" height=\"472\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png?w=1950 1950w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_7ef965.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\"\/><\/a><figcaption id=\"caption-attachment-894603\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\">BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>If the worth stays steady above $79,200, it may try a recent improve. Immediate resistance is close to the $80,500 degree. The first key resistance is close to the $80,800 degree. An in depth above the $81,200 resistance may ship the worth additional larger. In the acknowledged case, the worth may rise and check the $81,650 resistance. Any extra positive aspects may ship the worth towards the $82,000 degree. The subsequent barrier for the bulls might be $82,500.<\/p>\n<h2 id=\"ftoc-heading-2\" class=\"ftwp-heading\">Another Drop In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $81,200 resistance zone, it may begin one other decline. Immediate help is close to the $79,200 degree. The first main help is close to the $78,500 degree.<\/p>\n<p>The subsequent help is now close to the $77,850 zone and the 50% Fib retracement degree of the upward transfer from the $74,940 swing low to the $80,770 excessive. Any extra losses may ship the worth towards the $77,150 help within the close to time period. The primary help now sits at $76,500, under which BTC may wrestle to get better within the close to time period.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining tempo within the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 degree.<\/p>\n<p>Major Support Levels \u2013 $79,200, adopted by $78,500.<\/p>\n<p>Major Resistance Levels \u2013 $80,500 and $81,200.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-holds-firm-78k\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin worth began a recent improve and cleared the $80,500 zone. BTC is consolidating and may purpose for extra positive aspects above the $81,200 degree. Bitcoin managed to remain above $78,500 and began a recent improve. The worth is buying and selling above $78,800 and the 100 hourly easy shifting common. There is a bullish [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":94776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[20,1221,931,686,1661,988,110],"class_list":{"0":"post-94774","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-bitcoin","9":"tag-firm","10":"tag-follow","11":"tag-gains","12":"tag-highs","13":"tag-holds","14":"tag-price"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/94774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=94774"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/94774\/revisions"}],"predecessor-version":[{"id":94775,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/94774\/revisions\/94775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/94776"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=94774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=94774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=94774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}