BTC CME Bitcoin Futures Weekly Chart Analysis: 2026-May-08 07:01 CT

Price Action

• Last: 80465,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 28%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 19%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -32%
• 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 83215,
• 4. Pvt. Next: Pvt Low 68215,
• 5. Levels R: 129950, 83215,
• 6. Levels S: 61015, 55665, 43715, 39450, 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

• 07 May 2026: Short BTC 05-26 @ 80335 Signals.USAR.TR120
• 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

Bitcoin futures are rebounding from a sharp multi-week selloff that drove price from the 129950 peak back into the 61015 yearly support zone, where buyers have responded with a strong weekly recovery. The short-term structure is improving, with price back above the 5, 10, and 20-day benchmarks and the weekly/monthly session fib grids both holding above their F0% levels. Swing pivots still show a short-term uptrend, but the intermediate pivot structure remains mixed after the larger decline, while the yearly grid and the 55/100-day benchmarks still reflect a broader bearish long-term backdrop. Overall, the chart shows a recovery phase inside a larger corrective cycle, with the market attempting to rebuild higher lows after a deep retracement from the prior all-time weekly expansion.