Bitcoin will continue to grind upwards as long as these levels are not broken

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Last Updated on 11 May 2026 by CryptoTips.eu

For the third month in a row, Bitcoin’s monthly return is showing a slight gain. If we can follow this trend for another three weeks, ‘crypto winter’ will officially be over. Here are the levels to watch out for.

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Sweet spot

After the largest digital currency fell by about 10% in January and then by another 15% in February, a turnaround occurred in March. Due to the United States’ war against Iran, investors went looking for so-called ‘safe havens,’ and since gold had risen too quickly in 2025, Wall Street switched back to Bitcoin (which seemed cheap again after a 50% drop since last October’s ATH).

$60,000 proved to be the ‘sweet spot’ for investors to re-enter, which is why we have been moving higher again for about 8 weeks. Progress is very slow, and there is still no sign of a new bull run. We are simply following the 21-day moving average and staying nicely above it.

A short pullback can also still be expected.

The levels to watch out for at the moment are $79,000 and $76,000, where strong support lies for Bitcoin. As long as these are not broken on a daily level, Bitcoin will likely continue to rise.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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