July 6, 2026

Bitcoin (BTC) – May 8

Bitcoin (BTC) - May 8

Bitcoin (BTC) - May 8

Bitcoin (BTC) – May 8

Bitcoin / TetherUS BINANCE:BTCUSDT
readCrypto


Bitcoin (BTC) - May 8

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( BTCUSDT 1W Chart)


snapshot

Resistance: 46487.52-49266.69

1st support: 37253.81-38150.02
2nd support: 32259.90-35045.0

It is important to see if you can move up along an uptrend line.

(1D chart)
Primary resistance: around 39942.38
Secondary resistance: around 45135.66

Support: 35045.0-38150.02
– 37253.81-38150.02
– 35045.0-36244.55

To break the formed floor section, it must fall below 35045.0.

It must rise above 38150.02 to turn into an uptrend.

The next volatility period is around June 5th.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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