$BTCUSD Technical Breakdown: Recovery Intact but Facing Key Resistance Bitcoin closed at $81,254 (-0.58%) on May 11, 2026. Key Technical Levels for Tomorrow (May 12):
- Resistance: $82,800 (immediate) → $85,000 → $90,000
- Support: $79,500 (near-term) → $76,000 → $74,000
- Pivot Point (PP): ~$81,250
- Central Pivot Range (CPR): Tight around $80,800–$81,700
- ATR: ~$2,000–$2,500 (normal volatility)
- VWAP: Price trading near/above daily VWAP — bullish bias
Trading Suggestion for May 12:
- Bullish bias as long as price holds $79,500 support
- Break & hold $82,800 targets $85k+ quickly
- Failure to hold $79,500 risks retest of $76k
Overall structure remains constructive with higher lows since the February $60k bottom. MA50 and MA200 are rising, and momentum is still positive.
— the recovery trend is alive. Are you bullish into tomorrow or waiting for a deeper pullback? Drop your key level or bias belowNot financial advice. DYOR. #BTC #Bitcoin #TechnicalAnalysis #Crypto
Posted May 12, 2026, 8:24 AM UTC
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