Max Trades|May 12, 2026 13:10
BTC
Bullish momentum seems to be fading.
After a strong breakout above $79k, price retested the highs and we saw a decent bounce.
However, buyers weren’t able to sweep the local high, meaning that if BTC fails to move higher soon we’ll likely print a lower high.
For now though, price is still holding above the key support level at $79k, which remains the main area for buyers to defend.
Bullish structure only gets invalidated if we lose $78.6k, but as long as that’s not the case another push towards $84k is definitely still possible.(Max Trades)
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