{"id":39985,"date":"2026-05-11T06:06:34","date_gmt":"2026-05-11T06:06:34","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=39985"},"modified":"2026-05-11T06:06:36","modified_gmt":"2026-05-11T06:06:36","slug":"bitcoin-technical-analysis-report-11th-may-2026","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-11th-may-2026","title":{"rendered":"Bitcoin Technical Analysis Report &#8211; 11th May 2026"},"content":{"rendered":"\n<p><strong><a href=\"https:\/\/zebpay.com\/in\/buy-bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin (BTC)<\/a><\/strong> slipped back below $80,000 late Thursday after the U.S. carried out fresh airstrikes in Iran, triggering a sharp reaction across global markets. Brent crude briefly crossed $100 per barrel before easing slightly during Asian and European trading hours.<\/p>\n\n\n\n<p>Crypto markets were already trading cautiously after Michael Saylor said Strategy may consider selling bitcoin to meet dividend obligations tied to its STRC offering, which\u2019s a notable shift from the company\u2019s long-standing \u201cnever sell\u201d stance. Adding to the market focus, CME Group is set to launch bitcoin volatility futures on June 1, subject to regulatory approval. The product will give traders a new way to hedge or speculate on the intensity of BTC price movements rather than the direction alone.<\/p>\n\n\n\n<p>At the time of writing, BTC was trading at $81,207.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/zebpay.com\/wp-content\/uploads\/2026\/05\/BTC-DAILY-CHART-1-05-2026-1024x564.png\" alt=\"\" class=\"wp-image-31743\" style=\"width:1120px;height:auto\"\/><\/figure>\n\n\n\n<p>Bitcoin, after making a low of $60,000, started consolidating in a range between $65,000 and $75,000. The asset finally gave a breakout above the range and rallied up to $82,850 with declining volumes, while the bulls are struggling to deliver a follow-through rally. BTC will face stiff resistance at the $85,000 and $100,000 levels. If it breaks, closes, and sustains above these resistance levels, then we can expect the price to test the all-time highs, whereas $75,000 and $65,000 will act as strong support levels for the asset.<\/p>\n\n\n\n<p><strong>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Price Prediction<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Levels<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Support 2<\/strong><\/td><td><strong>Support 1<\/strong><\/td><td><strong>Asset<\/strong><\/td><td><strong>Resistance 1<\/strong><\/td><td><strong>Resistance 2.<\/strong><\/td><\/tr><tr><td>$65,000<\/td><td>$75,000<\/td><td><strong>BTC<\/strong><\/td><td>$85,000<\/td><td>$100,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Unravel everything that you need for your crypto journey via <a href=\"https:\/\/zebpay.com\/in\/blog\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay blogs<\/strong><\/a>. Get started today and join 6 million+ registered users on <a href=\"https:\/\/zebpay.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay<\/strong><\/a>!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) slipped back below $80,000 late Thursday after the U.S. carried out fresh airstrikes in Iran, triggering a sharp reaction across global markets. Brent crude briefly crossed $100 per barrel before easing slightly during Asian and European trading hours. Crypto markets were already trading cautiously after Michael Saylor said Strategy may consider selling bitcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33689,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[17,79,310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/39985"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=39985"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/39985\/revisions"}],"predecessor-version":[{"id":39987,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/39985\/revisions\/39987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/33689"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=39985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=39985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=39985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}