Bitcoin at $79,555 After Testing 200-Day SMA — Squeeze Holds Firm

Bitcoin at $79,555 After Testing 200-Day SMA — Squeeze Holds Firm

Rio Times Crypto Market Report Friday, May 8, 2026 · Snapshot at 07:29 UTC · Covering close of May 7, 2026, 00:00 UTC Bitcoin closed at US$79,555 on Thursday, May 7, 2026, easing 0.58% (US$462) after the prior session’s intraday high at US$81,650 came within US$1,338 of the daily 200-day Simple Moving Average — the […] The post Bitcoin at $79,555 After Testing 200-Day SMA — Squeeze Holds Firm appeared first on The Rio Times.

Bitcoin Hit $82,000 and Got Rejected: The 200 – Day Moving Average Did Its Job, Here's What Comes Next - DailyCoin Post

The move was clean. Bitcoin ran from $76,960 at the weekly open to $82,500 intraday on Wednesday, breaking above the descending trendline that had capped every rally since February. For about twelve hours it looked like the breakout traders had been waiting for since January was finally happening. Then the 200-day moving average at $82,228 did exactly what 200-day moving averages do at the end of downtrends. It rejected the price. Bitcoin sits a…

Bitcoin Stalls at 200-Day Moving Average: Is the $83,000 Breakout Already Dead? – CryptoGazette

Bitcoin traders had one eye on a major technical milestone this week. The world’s largest cryptocurrency climbed toward its 200-day simple moving average (SMA) near $83,300 – but fell short at the last moment, sliding back below $81,000 and triggering fresh debate about whether the current recovery is a genuine trend reversal or a classic bull trap. As of Friday morning, BTC was changing hands around $79,700, down roughly 1% over the past 24 hou…

Bitcoin Has Stalled Just Short of the 200-Day MA - ActionForex

Market Overview The crypto market capitalisation has remained around $2.69 trillion, as the largest coins by market cap consolidate following their recent gains, while smaller altcoins have accelerated their growth. The top performers over the last 24 hours were Toncoin (+29%), NEAR (+10.7%) and Internet Computer (+9.6%). The worst performers were recent stars such as […] The post Bitcoin Has Stalled Just Short of the 200-Day MA appeared first o…