BTC CME Bitcoin Futures Weekly Chart Analysis: 2026-May-06 07:01 CT
Price Action
- Last: 83135,
- Bars: Medium,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: 64%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 35%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: -23%
- F0%/NTZ' Bias: Price Below,
- YSFG Trend: Down.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt High 83110,
- 4. Pvt. Next: Pvt Low 68110,
- 5. Levels R: 129950, 83110,
- 6. Levels S: 61015, 55665, 43715, 34925.
Weekly Benchmarks
- (Short-Term) 5 Day: 75310 Up Trend,
- (Short-Term) 10 Day: 72200 Up Trend,
- (Intermediate-Term) 20 Day: 78375 Up Trend,
- (Intermediate-Term) 55 Day: 89805 Down Trend,
- (Long-Term) 100 Day: 94545 Down Trend,
- (Long-Term) 200 Day: 72395 Up Trend.
Recent Trade Signals
- 04 May 2026: Long BTC 05-26 @ 79095 Signals.USAR-MSFG
- 04 May 2026: Long BTC 05-26 @ 80200 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bearish.
Key Insights Summary
BTC futures are rebounding sharply off the yearly retracement lows and have reclaimed the short-term session structure, with price back above the weekly and monthly NTZ/F0 references. The swing pivot structure remains short-term constructive, but the intermediate pivot backdrop is still mixed because the broader HiLo trend is down while price is pushing into a fresh pivot high area near 83110. Benchmarks show the market holding above the 5, 10, and 20 day averages, which supports the current rally phase, yet the 55 and 100 day averages remain overhead and keep the broader trend from fully flipping long-term bullish. The yearly session grid remains below its F0 line, so the larger cycle is still in a corrective or recovery phase even as the weekly and monthly structures improve. The tape reflects a recovery rally from a deep selloff, with strong momentum, higher swing lows, and an active test of resistance near prior pivot levels.
Chart Analysis ATS AI Generated: 2026-05-06 07:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.