Bitcoin Price Prediction: What’s Next for BTC After Reclaiming $80K Resistance?

Bitcoin is trading above $80k as the first full week of May opens, pressing against the upper boundary of that supply zone that has been the defining ceiling of the recovery. With the 100-day moving average now clearly reclaimed, the structure is the most constructive it has been since the cycle peak, and the on-chain data from the February lows is now beginning to pay dividends.

Bitcoin Price Analysis: The Daily Chart

Bitcoin has spent several consecutive days holding above the 100-day MA (~$72k), confirming the reclaim rather than treating it as a fleeting wick. The RSI is sustaining in the 60–65 range, which shows healthy momentum without the overbought excess that has preceded prior failed breakouts.

The immediate test is a clean daily close above $80k, which marks both the top of the current supply zone and the higher boundary of the ascending channel. Clearing it opens the path toward $90k, and potentially the $100k area, where the teal resistance band sits. Yet, the 200-day MA declining into the $84–$85k area is also a key technical hurdle along that path.

On the downside, the 100-day MA around $72k and the lower boundary of the channel near $70k are the first support levels to defend on any pullback.

BTC/USDT 4-Hour Chart

On the 4-hour chart, the steeper blue trendline from the early April lows has proven its validity as dynamic support, with price bouncing off it cleanly near $76k before pushing back toward the current highs. The RSI is also still above 50 after dropping rapidly from the oversold zone, amid the recent short-term price drop.

The price is now declining after a decisive rejection from the upper boundary of the ascending white channel around $80k, which aligns precisely with the daily supply zone. A 4-hour close above the $80k region with RSI still below 75 would be a high-conviction breakout signal that opens the door toward the $84k zone.

The blue trendline near $77k remains the key intraday support, and losing it on a closing basis would suggest the upper channel rejection is playing out and shift focus back toward the $74k support level.