Daan Crypto Trades|May 05, 2026 10:44
BTC Testing the low $80Ks region. This corresponds with the November lows and the Daily 200MA/EMA coming in a bit higher.
This is a similar level and retest as we saw before the second leg down earlier this year, where a previous low corresponds with the Daily 200EMA.
Big level here. Acceptance higher can lead to a further bounce back into the $90Ks, but a rejection will likely keep this rangebound with $80K as the ceiling for a while.(Daan Crypto Trades)
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