Community Articles

via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$62,890.00

-0.38%

$62,890.00

-0.38%

(24s)

24h Volume

$3,832,451,898.45

24h H/L

$63,390.00 / $62,716.00

Change: $674.00 (1.07%)

Long/Short

69.6%

Long: 69.6%Short: 30.4%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,868.20

▼ -0.35%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$62,868.20

Support 1$61,814.38

Support 2$61,056.47

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):41.8

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live BTC price →More BTC news →

Comments