BTCUSD – Bulls Hold Grip Above 80K But 200DMA Barrier Provides Strong Headwinds

May 12, 2026 - 09:00
BTCUSD – Bulls Hold Grip Above 80K But 200DMA Barrier Provides Strong Headwinds

Bitcoin continues to trade above 80K mark that keeps near-term action biased higher, with broader uptrend (BTC is moving within a bull-channel off Mar 30 higher low) being fully in play so far. Fresh recovery leg from 79136 (May 8 correction low) is steady, but gains are gradual and facing increased headwinds from key near-term […]

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