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via CoinDesk · By CoinDesk Staff

Bitcoin (BTC) narrowly missed a major breakout. History says be careful.

BTC

BTC/USDT

$79,926.00

+0.22%

$79,926.00

+0.22%

(24s)

24h Volume

$6,932,142,277.85

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,812.01

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$80,157.58

Price$79,812.01

Support 1$79,635.96

Support 2$77,523.79

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.7

CoinDesk Staff

(11:29 AM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

Your day-ahead look for May 7, 2026

This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.

Bitcoin BTC$80,953.28 has pulled back below $81,000 after narrowly missing a test of the closely watched 200-day simple moving average (SMA), currently located near $83,300, on Wednesday. The broader crypto market is also trading in the red, with the CoinDesk Smart…

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CoinDesk Staff · CoinDesk

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