Bitcoin and Major Cryptocurrency Price Analysis: May 15
Although Bitcoin (BTC) rose above the 82,000 USD level on Thursday, the growth was short-lived, and the price stabilized around 79,000 USD under selling pressure. According to a Glassnode analytical report, investors who bought around 86,900 USD between November 2025 and February 2026 may attempt to close their positions, which could hinder further price increases. This is reported by Cointelegraph.com .
CryptoQuant analysts note that BTC has reached the resistance level of 82,400 USD, which is the 200-day Simple Moving Average (SMA). According to historical data from 2022, failure to break through this level could trigger a downward trend. However, the fact that buyers are keeping the price from falling below 76,000 USD indicates that market participants remain hopeful for future growth.
BTC is currently struggling around 79,251 USD, which is the 20-day Exponential Moving Average (EMA). If this level is defended, the price could move toward targets of 84,000 USD and subsequently 92,000 USD. Conversely, if this support level is broken, the price could fall to 74,968 USD, which is the 50-day SMA.
Ether (ETH) has fallen below the 20-day EMA and 50-day SMA levels, demonstrating seller dominance. If ETH cannot defend its ascending channel line, the price could drop to 1,916 USD. For a recovery, ETH must first rise above the 20-day EMA and overcome the resistance at 2,465 USD.
