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As the crypto market matures, the relative strength between Ethereum and Bitcoin is becoming one of the most discussed narratives. The ETH ecosystem is entering a new phase of growth, fueled by scaling solutions, rising staking participation, and a more efficient supply structure. These improvements are steadily reinforcing the ETH fundamentals and long-term utility within decentralized finance and beyond. Ethereum, Bitcoin Recovery Depends On Adoption And Market Rotation The debate around whether Ethereum can reclaim its 2021 highs against Bitcoin is gaining renewed momentum as institutional voices turn increasingly optimistic. Crypto analyst Walter Bloomberg revealed on X that Geoff Kendrick of Standard Chartered remains strongly bullish on ETH despite its prolonged underperformance against BTC. Related Reading: Ethereum’s Price Pulls Back Close To $1,900, But Large Holders Remain Unfazed Geoff Kendrick argues that the current disconnection between ETH’s strong fundamentals and its weak price performance is only temporary. Meanwhile, ETH has experienced a significant drawdown to $2,100, a 57% since August 2025, with the ETH/BTC ratio declining by 37%. However, the on-chain transaction levels and total value locked (TVL) across the ecosystem have reportedly remained near all-time highs. Standard Chartered reportedly compares the current ETH situation to a major technology company, Amazon, during the 2021 dot-com crash, suggesting ETH could bounce back. The bank maintains aggressive long-term targets, projecting Ethereum to reach $4,000 by 2026 and potentially reaching $40,000 by 2030.  A move of that scale would also push the ETH/BTC ratio back toward its 2021 peak. The bullish thesis is largely driven by ETH’s dominant 50-65% position in stablecoins and tokenized real-world assets (RWAs), with both sectors expected to experience massive growth. Macro Technical Levels Continue To Shape ETH/BTC Direction A partner with sizeprop known as Scient on X has mentioned that the broader Ethereum and Bitcoin macro prediction has now completed a textbook pattern, closely following the plan mapped out at the February lows. After a sustained 3-month rally, the price delivered a clean bearish retest of the daily market structure shift (MSS) and breaker zone, before rotating lower to sweep liquidity at the February range lows and fill the fair value gap. This move represents a textbook technical execution of the thesis. Related Reading: This 1 Chart Explains Why Bitcoin Is Winning And Ethereum Is Losing Right Now Currently, with price tapping into the critical 0.75 Fibonacci zone, the weekly timeframe is beginning to show early signs of a potential bounce. If ETH/BTC is going to establish a meaningful bottom, this would be the area where it will happen. On the lower timeframes, the 12-hour chart reveals an important development. The price has been holding its lows quietly for over a week, with the Relative Strength Index (RSI) printing bullish divergence, often a signal of classic accumulation at a key level. Scient noted that the confirmation of a sustained move higher is still pending, and the current setup places ETH/BTC at a decisive moment. Either way, the coming days are likely pivotal for determining the next major direction. Featured image from iStock, chart from Tradingview.com

Bitcoin has hit what one analyst describes as a major ceiling after losing the support level that held the market together for months. Following a failed push toward $83,000, the analyst now believes buying Bitcoin at current prices carries more risk than opportunity. Instead, he points to a much lower target, a level where buyers may finally step back into the market with conviction. Bitcoin’s Former Support Has Turned Into Resistance The analyst’s outlook centers on the collapse of the $80,500 area, a level that previously acted as the backbone of Bitcoin’s trading range for months. During earlier pullbacks, buyers repeatedly defended that zone and helped stabilize price action, allowing Bitcoin to recover and attempt new highs. That dynamic now appears to have reversed. Related Reading: Can The Ripple Banking License Serve To Push The XRP Price To $25? After briefly climbing toward $83,000 in May, Bitcoin failed to maintain momentum and quickly lost strength. The rejection created what the analyst described as a bull trap, where buyers entered expecting a breakout only for the market to reverse sharply lower. Since then, the same price region that once attracted demand has started functioning as resistance. This suggests that buyers who previously defended the area are either exhausted or stepping aside, while sellers are becoming increasingly aggressive on rebounds. According to the analyst, this shift explains why recent recovery attempts have lacked conviction and faded quickly. The breakdown also exposed how fragile the structure beneath the market had become. Once Bitcoin slipped below the range floor, selling pressure increased rapidly, creating what traders sometimes describe as an “air pocket” — a zone where there is little strong buying interest to slow the decline. Although Bitcoin is still trading above the mid-$70,000 region, the analyst does not believe that area represents a durable floor. Instead, it is viewed as temporary support within a broader downward move that has been developing for months. Why The Analyst Is Watching $60,000 The analyst believes the more attractive entry zone sits much lower, specifically between $60,000 and $62,000. That projection is tied to a Fibonacci extension level near $60,000, which is being treated as the broader downside target of the breakdown structure that began forming earlier this year. Related Reading: XRP Pushing To $100: The Market Cap Conversation Will Go Out The Window If This Happens From the analyst’s perspective, the market has not yet completed its correction. Previous failed rallies near both $97,000 and $83,000 are now being viewed as signs of weakening momentum rather than evidence of long-term strength.  The expectation now is that any short-term rebound could run into renewed selling pressure below the broken $80,500 barrier. Until Bitcoin either reclaims that level convincingly or falls into the projected lower demand zone, the analyst sees little justification for aggressively buying the market. That outlook reflects a growing divide among traders. He advises that, instead of buying at the current price, the better entry opportunity could come if Bitcoin falls toward the $60,000 to $62,000 region, where he expects stronger long-term demand to return. Featured image created with Dall.E, chart from Tradingview.com

An exchange may have accidentally torched $8.5 million worth of Bitcoin — that’s one of the leading theories after an unidentified wallet sent 107 BTC to an address from which the funds can never be recovered. Related Reading: Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO Conor Grogan, head of product business operations at Coinbase, said the burn was most likely caused by an exchange that made an error during a cold storage transfer. No Public Explanation From Anyone Involved Five separate Bitcoin addresses carried out the transfers on Monday, all sending funds to a long-established burn address beginning with “11111,” according to onchain data shared by Galaxy Research. The move brought the total amount of Bitcoin ever sent to that address to 807 BTC, now worth close to $60 million, based on data from blockchain platform Arkham. 1111111111111111111114oLvT2 corresponds to Hash160 = 0x0000000000000000000000000000000000000000 (twenty zero bytes). Base58Check-encode that with the P2PKH version byte and you get this address. Because finding a public key whose Hash160 is all zeros would require either… pic.twitter.com/WAii2UbQ0U — Galaxy Research (@glxyresearch) May 27, 2026 The 107 BTC being destroyed made the event one of the biggest reported Bitcoin burns of 2026 so far. What made it more striking was the age of the coins — most of them had sat untouched for more than 12 years, acquired when Bitcoin was trading below $600. At today’s prices, that early buy had grown by 12,700%, according to TradingView data. What Happens When Bitcoin Gets Burned Bitcoin, unlike some other cryptocurrencies, has no built-in mechanism for removing coins from supply. Burning it means sending funds to an address that has no known private keys — the coins show up on the ledger but cannot be touched or moved by anyone. The burn address used in this case had been used before, including by the project Stacks, which sent 40 BTC to it in September 2015 for a namespace registration. Galaxy Research offered several possible explanations for why someone would walk away from an $8.5 million windfall. The firm raised the possibility of tax loss harvesting, funds destroyed because of ties to illegal activity, or even a mistaken transfer made by an artificial intelligence agent. This is fascinating to me. Someone bought 107 btc 12yrs ago, stomached nine, yes nine, 50%+ downturns, watched it grow to $8.5m only to send the coins this wk to a burn acct, permanently destroying. Smh. Theories incl: kidnapping, taxes, religion, divorce, rogue AI agent.. https://t.co/BWPk2eH1Dg — Eric Balchunas (@EricBalchunas) May 27, 2026 No clear connection was found between the burned coins and any known hacks or cyberattacks. Bloomberg ETF analyst Eric Balchunas weighed in as well, floating the idea of a rogue AI agent, a kidnapping scenario, or tax-related motives behind the destruction. Related Reading: Bitcoin Dip Attracts Big Money: Cardone Capital Buys $9.5M More BTC Theories Pile Up But No Answers Yet The burn address itself has a documented history. Reports say the address was used by Stacks years before this latest transaction, giving it a verifiable on-chain record as a destination for deliberate coin destruction — not just a random wallet. Analysts have yet to land on a definitive answer for what happened Monday. The identity of the sender remains unknown. Featured image from Unsplash, chart from TradingView

Arca CIO Jeff Dorman warned that Strategy’s Bitcoin-heavy balance sheet has entered a more dangerous phase, arguing that the company, Bitcoin holders and its preferred shareholders are now locked in a difficult capital-structure tradeoff. In a May 28 post on X, Dorman said he is “not in Saylor’s inner circle,” but argued that the MSTR story has “gotten so out of hand” that the company’s recent moves now look increasingly hard to reconcile with a stable long-term financing plan. His central concern is not simply Strategy’s Bitcoin exposure, but the layering of preferred equity obligations, cash management decisions and potential pressure to eventually sell BTC if market conditions deteriorate. Arca CIO Warns MSTR Faces Bitcoin Crunch Dorman said Strategy could have avoided much of the current tension by slowing down after its initial Bitcoin accumulation strategy became a dominant part of the company’s identity. “MSTR could have sat and done nothing before they started pumping out $billons of prefs,” he wrote, adding that such a path “would have made MSTR boring” but more stable. Related Reading: Bitcoin’s Famous CME Gap Playbook May Be Nearing Its End Instead, Dorman argued, the company’s push into preferred stock appeared to rest on an aggressive assumption that Bitcoin was about to move sharply higher. “The push into these prefs was based on him clearly thinking BTC was about to moon — not sure what he saw to think that,” Dorman wrote, pointing to possible explanations such as the four-year cycle or fund flows. “But that’s the only reason to take that sort of miscalculated risk to screw up his balance sheet so badly — he must have thought BTC was about to fly and he could easily pay the pref dividends with future BTC sales.” The issue, according to Dorman, became more acute once Bitcoin began falling. He said the market grew nervous because Strategy’s roughly $15 billion in preferreds carry about $1.5 billion in annual dividends. In response, Dorman said the company raised $2 billion in cash through stock issuance, a move he characterized as a way to reduce near-term default concerns and buy “almost 2 years of runway” to cover dividends. Dorman called that cash raise a “smart move,” but said the subsequent decision to use the buffer to repurchase 2029 maturity bonds was difficult to understand. “But then for some unknown reason, he decides to take that cash buffer and buyback 2029 maturity bonds instead of using it to fund the annual dividends,” he wrote. “This is a baffling decision for a company with cash flow problems. Why pay off 0% coupon debt with the only cash you have?” The bond buyback may be mildly accretive because it was done at a discount, Dorman acknowledged. Still, his point was that the company appeared to be spending scarce liquidity on long-dated, zero-coupon debt while its preferred dividend burden remained the more immediate constraint. Dorman also left room for the possibility that Strategy Executive Chairman Michael Saylor has another capital-markets maneuver in mind. “The only bull case is that underestimating Saylor’s capital markets chicanery has been a losing proposition for years. Maybe there was a plan?” he wrote. Related Reading: Cathie Wood Doubles Down On $1.25 Million Bitcoin Target One possibility, Dorman said, is that the company could refinance the converts with new longer-dated convertibles, though he noted that Saylor has “sworn off converts,” making that outcome less likely in his view. Another possibility is selling Bitcoin to fund preferred dividends, but Dorman framed that as a potentially negative outcome for both MSTR and BTC if it comes during a sharper market decline. Asked by one X user what the way out is, Dorman gave two basic scenarios. “Sell BTC to pay the prefs — bad for MSTR, bad for BTC, good for STRC,” he wrote. “Stop paying the dividend on the prefs — good for BTC, good for MSTR, bad for STRC. Those are basically the only answers at this point.” Dorman also said neither he nor Arca is short MSTR, after another user asked whether his firm had a bearish position. His conclusion was stark: this is the first time MSTR, Bitcoin and preferred holders are “really in bind.” In Dorman’s view, the next several months could force a choice between preserving liquidity, protecting Bitcoin exposure and keeping preferred shareholders whole, a choice that may leave at least one stakeholder group absorbing serious pain. At press time, BTC traded at $73,408. Featured image created with DALL.E, chart from TradingView.com

Bitcoin (BTC) is at a pivotal level as geopolitical tensions rise and bearish setups emerge, prompting some analysts to warn of a potential 15% correction if a critical support area doesn’t hold. Related Reading: Dogecoin Rally Loading? Analyst Eyes ‘Imminent Breakout’ From Textbook Falling Wedge Pattern Bitcoin Eyes Channel Support For Next Move Following news of renewed US strikes against Iranian targets, Bitcoin dropped roughly 5% from $76,000 to a one-month low of $72,589. At the start of the week, the cryptocurrency had been trading between $77,000-$78,000 after recovering from last week’s pullback. However, the growing geopolitical tensions have pushed the price toward a critical area. Analyst Ali Martinez affirmed that BTC reached a major support zone after losing the $75,000-$76,000 area. He previously said that leading crypto has been consolidating inside an ascending channel that has been developing since the early February crash, with two crucial levels likely to define the direction of its next move. As he explained, if Bitcoin broke above the $78,258 resistance, it could trigger a rally toward the $84,000 barrier, while breaking below the $75,733 support could push the price toward the late March-early April lows. Now, the price is consolidating at the lower boundary of the ascending channel, which could set the stage for a 15% drop. According to the post, the channel’s floor aligns with the 100-day Simple Moving Average (SMA) and the 23.6% Fibonacci retracement level, making the current price levels a crucial area. “This cluster between $73,000 and $71,300 serves as a major structural floor,” he stated, noting that if buyers defend this zone, a “steady expansion back toward $77,000 or even $79,500” could be expected. On the contrary, he warned that if Bitcoin loses the $71,300 flows, “it would open the door to an extended value window near the February base of $60,000.” BTC Bearish Setup Signals Risk Of Further Decline Market observer Mister Crypto shared a bearish outlook on the flagship crypto, citing a textbook bearish formation on BTC’s daily chart. According to the trader, Bitcoin has been forming a Head and Shoulders pattern since mid-April, with the setup’s neckline around the $75,000 level. The chart shows that the cryptocurrency formed the left shoulder during the late April pullback and later developed the head during this month’s rally. Meanwhile, the pattern’s right shoulder began forming after the rejection from the $82,500 resistance. The trader affirmed that the pattern is playing out “almost perfectly,” which “confirms the bearish thesis” and suggests a drop to lower levels may be around the corner. “Now that we have broken back into the range after losing $75,000, the probability of a move toward the range lows around $63,000 is increasing,” the analyst wrote. Similarly, analyst Daan Crypto Trades noted that Bitcoin is “putting in a similar reaction after that horizontal level and Daily 200MA/EMA retest compared to January this year.” Related Reading: BitMine Nears 4.5% Ethereum Supply Share Following $238M Buy Notably, BTC consolidated above the early November lows for roughly two months before rallying mid-January toward the 200-day Exponential Moving Average (EMA) and the crucial $98,000 horizontal level. The cryptocurrency was rejected from this area, briefly consolidating near the local lows before breaking down toward new lows. Now, the price has seen a similar performance, retesting and rejecting from both the horizontal $80,000 level and the 200-day MA and EMA. As a result, the analyst considers that BTC will see “another lower high in the bigger down trend until proven otherwise.” Featured Image from Unsplash.com, Chart from TradingView.com

Data shows the crypto derivatives market has suffered a massive amount of liquidations following the plunge that Bitcoin, Ethereum, and other assets have seen. Bitcoin & Ethereum Are Both Down More Than 5% For The Past Week The second half of May so far has seen a reversal of trend for the cryptocurrency sector, and the trajectory doesn’t appear to be changing as the month draws to a close. Over the last 24 hours, Bitcoin and other digital assets have seen another retrace, resetting the market by many weeks. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound As the below chart shows, BTC has returned to the $73,400 level following its drop of 3.3% over the past day. At its lowest during this plunge, Bitcoin even briefly slipped under the $73,000 mark, something that hasn’t happened since the first half of April. Although the coin has seen a minor rebound, it remains more than 5% down on the week. Ethereum has faced an even worse outcome inside this window, being in a loss of over 6%. Currently, the second-largest token is floating around $1,990, which is the lowest that it has gone since late March. Other assets in the sector have also seen varying degrees of drawdown, with some like ZCash even being down more than 8% during the last 24 hours alone. All this volatility has resulted in chaos over at the derivatives side of the market. Crypto Market Liquidations Have Hit $930 Million According to data from CoinGlass, a large amount of cryptocurrency liquidations have occurred on derivatives exchanges during the past day. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has amassed losses of a specific percentage (as defined by the platform). Below is a table that breaks down the latest liquidation numbers for the market. As is visible, the derivatives sector has faced a total of $928.8 million in liquidations over the last 24 hours. Since cryptocurrencies tend to be volatile, mass flushes aren’t exactly an uncommon sight in the market, but the latest squeeze still stands out for its unusual intensity. The price action inside this period has mostly been toward the downside, so it’s not surprising to see that bullish bets made up for an overwhelming share of the liquidations ($869.3 million). In terms of the individual assets, Bitcoin and Ethereum were the largest contributors to the squeeze like usual. From the heatmap, it’s visible that contracts related to Bitcoin and Ethereum have witnessed $365.1 million and $242 million in liquidations, respectively. The fall-off to the next largest coin is massive, with Solana ranking third with just $26 million in contracts involved. Related Reading: Chainlink Whales Are Accumulating: Wallets Hit New All-Time High The long squeeze may not entirely be unexpected as highly positive funding rates were already pointing to bullish-heavy positioning in the market. Featured image from Dall-E, chart from TradingView.com

CME Group is moving its regulated cryptocurrency futures and options market to 24/7 trading, a structural shift that could remove one of Bitcoin’s most watched weekend market patterns: the CME gap. For BTC traders, the change matters because the gap has long served as both a technical reference point and a symbol of the mismatch between crypto’s always-on spot market and traditional derivatives hours. Starting May 29, pending regulatory review, CME says its cryptocurrency futures and options will be available around the clock, seven days a week. The exchange framed the change directly: “Trade the market that never sleeps. Manage positions your way, on your time with the confidence of a regulated marketplace.” Is It Bullish Or Bearish For Bitcoin? That adjustment goes beyond bearish or bullish. Under the old schedule, CME Bitcoin futures stopped trading for the weekend while BTC continued to move on spot exchanges. If Bitcoin rallied or sold off before CME reopened, the futures chart printed a visible gap between Friday’s final traded level and the next opening print. Traders then watched those levels closely, often treating them as areas likely to be revisited. The pattern gained traction because many gaps did, in fact, close. A CoinDesk Research from March 2025 found that 79 of the previous 80 CME Bitcoin futures gaps had been filled, implying a historical fill rate of 98.75% for that sample. Later research put the broader historical fill rate lower, often around 70% to 80%. Related Reading: Cathie Wood Doubles Down On $1.25 Million Bitcoin Target That is the central point for price analysis. CME gaps were never a mechanical force pulling Bitcoin to a specific level. They were a product of market structure. When one major regulated derivatives venue was closed while the underlying asset kept trading globally, price discovery continued elsewhere. Once CME reopened, futures, spot and related basis trades often converged again, creating the appearance that the gap had acted as a magnet. CME’s new schedule should largely eliminate that recurring weekend setup. The exchange says crypto futures and options will trade continuously on Globex and ClearPort, including weekends and holidays. Trading from Friday evening through Sunday evening will carry the trade date of the following business day, while clearing, settlement and regulatory reporting will be processed on that next business day. Related Reading: Bitcoin Pulls Back, But Futures Traders Turn Bullish: Long Squeeze Setup? There will still be maintenance windows. CME says seven-day trading clients will face a daily two-minute pause from 4:00 p.m. to 4:02 p.m. CT from Monday through Friday, along with a two-hour Saturday maintenance window from 2:00 a.m. to 4:00 a.m. CT. Those pauses can still create small discontinuities, but not the same multi-day blank space that previously defined the classic Bitcoin CME gap. For BTC price, the immediate implication is not bullish or bearish. It is structural. A high-profile technical target that traders have monitored for years may lose much of its relevance. The move also reflects the scale of institutional demand. CME said client demand for digital-asset risk management is at an “all-time high,” citing a record $3 trillion in notional volume across its cryptocurrency futures and options in 2025. The exchange also reported 2026 year-to-date average daily volume of 407,200 contracts, up 46% year over year, and average daily open interest of 335,400 contracts, up 7%. At press time, Bitcoin traded at $72,844. Featured image created with DALL.E, chart from TradingView.com

Bitcoin price started a fresh decline below the $74,000 zone. BTC is consolidating and might struggle to stay above the $72,000 support. Bitcoin failed to stay above $75,000 and extended losses. The price is trading below $74,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $73,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $74,000 and $75,000 levels. Bitcoin Price Extends Losses Bitcoin price failed to stay above the $75,500 support zone. BTC remained in a bearish zone and extended losses below the $75,000 level. There was a move below the $74,200 level. The price even dipped below $73,000. A low was formed at $72,470 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $72,470 low. Bitcoin is now trading below $74,000 and the 100 hourly simple moving average. If the price remains stable above $72,000, it could attempt a fresh increase. Immediate resistance is near the $73,800 level. There is also a bearish trend line forming with resistance at $73,750 on the hourly chart of the BTC/USD pair. The first key resistance is near the $74,500 level. A close above the $74,500 resistance might send the price further higher. In the stated case, the price could rise and test the $75,150 resistance or the 50% Fib retracement level of the downward move from the $77,810 swing high to the $72,470 low. Any more gains might send the price toward the $75,500 level. The next barrier for the bulls could be $76,200. More Downside In BTC? If Bitcoin fails to rise above the $74,500 resistance zone, it could start another decline. Immediate support is near the $72,500 level. The first major support is near the $72,000 level. The next support is now near the $71,200 zone. Any more losses might send the price toward the $70,500 support in the near term. The main support now sits at $70,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $72,500, followed by $72,000. Major Resistance Levels – $73,750 and $74,500.

Bitcoin’s anticipated recovery above is looking increasingly bleak due to the formation of a bearish flag. The leading cryptocurrency has fallen further below $74,000 in the past 24 hours, and one analyst believes the latest move is only another stage in a much larger decline. Bitcoin is currently trading at $73,240, down about 3.2% on the day. That drop has made a bearish TradingView analysis by Xanrox more relevant, as the analyst had warned that Bitcoin could lose the lower region of its current structure and begin a wider move down to $44,000. Bitcoin’s Bear Market Structure Is 70% Complete According to an expert crypto analyst known as Xanrox on social media, Bitcoin’s bear market structure is about 70% complete. Xanrox’s prediction is built around the idea that Bitcoin has been moving through a large corrective structure since its all-time high above $126,000 in October 2025. Related Reading: This Bitcoin Pattern Could Repeat Itself, But The Bottom Could Lie Below $50,000 Technical analysis of Bitcoin’s chart shows three separate bearish flag formations on the daily candlestick timeframe. The first is a small bearish flag, the second is a medium bearish flag, and the third is a larger bearish flag that is currently developing around the current trading range.  Elliott Wave count places Bitcoin’s entire price action since October in an ABC corrective pattern, with wave B now complete. That reading puts the Bitcoin bear market about 70% done, but the most painful portion is still ahead. Bitcoin Price Prediction The ultimate prediction is that the current Bitcoin correction will continue to play out for months in a defined path. The first major level in the roadmap is the lower boundary of the bearish flag, with the $71,000 region standing as the important level here. A breakdown below $71,000 would add strength to the bearish setup and could expose Bitcoin to another move to the previous early February low around $63,000. Related Reading: Historical Performance Says Bitcoin Price Will Not Bottom Until It Touches This Level The entire forecast points to a deeper correction, with the chart showing Bitcoin moving through the stages of a corrective C-wave that might eventually bottom out at a downside target around $44,000. That level was identified by Xanrox as a strong point of control on the weekly candlestick chart, meaning it represents a high-volume zone that could attract price if it were to break below $63,000. The timeline attached to the prediction stretches into the second half of the year. The projected bottom is expected around September or October 2026, followed by a stronger recovery through October, November, and December. The roadmap then points to a larger bull cycle after the correction ends, in 2027 and 2028, with Bitcoin potentially climbing to as high as $200,000 by 2028. Benjamin Cowen, CEO of Into The Cryptoverse and former NASA researcher, has also cited October 2026 as his base-case bottom for Bitcoin’s bear market, in line with Xanrox’s timeline. Featured image from Getty Images, chart from Tradingview.com

The US-Iran war has again escalated with fresh strikes from both sides, a development that has now dampened hopes of an imminent peace deal. This has caused another significant decline in Bitcoin’s price, with an expert urging market participants to remove their funds from BTC.  US Strikes Iran As Expert Urges Investors To Dump Bitcoin An Al Jazeera report shows that the US shot down four Iranian drones and attacked a ground control station in Bandar Abbas, in a new escalation of the 3-month-long war. In response, Iran also struck an American airbase in Kuwait, a move that further threatens to escalate the tensions between the two sides. Bitcoin fell sharply on the back of these fresh attacks, amid fading optimism of an imminent peace deal.   Related Reading: This Bitcoin Index Just Entered The High Risk Territory As Price Stalls Before now, US President Donald Trump had said that an agreement between the US and Iran had been largely negotiated, signaling that an announcement was imminent. However, President Trump later said he had told his team to take their time on a deal, as they were in no rush. Bitcoin has been on a decline from a high of around $76,000 since the president’s statement.  Amid the latest decline in Bitcoin, expert SrPepe advised investors to get their funds out of BTC as he claimed that Binance, Coinbase, and Bybit were dumping BTC right after the US market close. He added that these crypto exchanges were selling millions of BTC every few minutes and had dumped the price to around $74,000.  It is worth noting that the Polymarket odds of a US-Iran peace deal before June 30 have crashed below 50%, now at 43%. As such, Bitcoin and the broader crypto market risk further declines if a US-Iran peace deal does not happen soon.  BTC Likely To Still Drop To Around $71,000 And Lower Crypto analyst CryptoCondom said that Bitcoin is likely to continue lower, with a drop to $71,000 imminent, followed by another decline after a dead cat bounce. He further remarked that June is primed to be super bearish for crypto, as all the tech and space stocks continue to steal liquidity ahead of the SpaceX IPO.  Related Reading: If You’re Looking To Bitcoin Above $90,000, This Analyst Says To Watch This Bearish OB Level CryptoCondom was echoing crypto analyst Altcoin Sherpa’s sentiments about Bitcoin’s weak price action. The analyst opined that BTC was likely to drop to around $71,000 as the 4h-EMAs had lost the bullish trend, although he stated that the leading crypto still looks fine in the overall context. Altcoin Sherpa previously opined that BTC’s February low of $60,000 was likely the bottom in this bear market.  At the time of writing, the Bitcoin price is trading at around $72,800, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Three Samsung affiliates — Samsung Securities, Samsung SDS, and Samsung Card — announced on May 28 the combined acquisition of a 4% stake in Dunamu, the operator of South Korea’s dominant crypto exchange Upbit, for approximately 612.8 billion won or $408 million — the latest in a growing wave of South Korean financial institutions racing to secure strategic positions inside the country’s most valuable digital asset company. Related Reading: Worldcoin’s FOMO Rally Cracks After On-Chain Activity Explodes The shares will be purchased from a group of Kakao-affiliated funds including Kakao Investment and Kakao Ventures, at a per-share price of approximately 439,250 won — a valuation implying Dunamu’s total corporate worth at approximately 15.3 trillion won, or roughly $11.1 billion, per Wu Blockchain and Korea Times. Samsung Securities will acquire a 2% stake, while Samsung SDS and Samsung Card will each take 1%, with the transaction scheduled to close June 19, per Korea Times. Three Affiliates, Three Strategic Rationales Each Samsung entity entered the deal with a distinct operational agenda, per Korea Times. Samsung Securities cited plans to strengthen cooperation on token securities issuance, distribution, and virtual asset services. Samsung SDS — the group’s IT and cloud arm — said it will combine its artificial intelligence, cybersecurity, and data management capabilities with Dunamu’s blockchain operational infrastructure. Samsung Card, the group’s payments unit, aims to build a digital asset payment ecosystem with Dunamu including potential integration with Monimo, Samsung Financial Networks’ unified financial platform, contingent on the introduction of won-based stablecoins in Korea. The three objectives — securities tokenization, blockchain infrastructure, and stablecoin-enabled payments — map directly onto the pillars of South Korea’s Digital Asset Basic Act, which is expected to be finalized in 2026, per Korea Times. A Crypto Race That Was Already Underway Samsung’s $408 million commitment arrives as South Korea’s institutional financial sector converges on Dunamu simultaneously. Hana Bank agreed earlier this month to purchase a 6.55% stake for approximately 1 trillion won ($670 million), per Korea Times. Hanwha Investment and Securities separately increased its Dunamu holdings to 9.84% — committing an additional 597.8 billion won — making it one of Dunamu’s largest non-founding shareholders, per Wu Blockchain. Dunamu itself recorded a net profit of 708.8 billion won on revenues of 1.56 trillion won in fiscal 2025 and handles more than 80% of South Korean virtual asset trading volume, per Korea Times. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound A Samsung official told Korea Times that the investment was intended to strengthen each affiliate’s competitiveness in digital asset-related businesses, adding that closer cooperation with Dunamu could help the companies secure leadership positions in Korea’s emerging digital asset market. BTC's price records important losses on low timeframes, as seen on the daily chart. Source: BTCUSD on Tradingview This development marks a critical juncture for the nascent sector’s integration with Korean corporate conglomerates. A Samsung investment in a crypto exchange — even at 4% — carries symbolic weight that extends well beyond the balance sheet, signaling that South Korea’s most powerful industrial dynasty now views digital asset infrastructure as core to its financial services strategy for the decade ahead. Cover image from Grok, BTCUSD chart from Tradingview

ARK Invest CEO Cathie Wood has defended her bull case for Bitcoin reaching $1.25 million within five years, arguing that institutional allocation, digital-gold substitution and Bitcoin’s hard-coded scarcity remain the central pillars of the forecast. Speaking on Fox Business In Depth: The Crypto Campaign on May 26, Wood said ARK’s $1.25 million projection represents the firm’s bull case rather than its base case. The base case, she said, is “closer to $750,000.” But she framed the more aggressive target as a product of several overlapping shifts: younger investors treating Bitcoin as a digital store of value, emerging-market users seeking protection from monetary instability, and asset allocators beginning to treat crypto as a distinct investment category. “The biggest reason is institutional adoption,” Wood said. “This is a new asset class. It has very low correlation to other asset classes in terms of risks and returns. And so every asset allocator has a responsibility to examine it because it will increase risk-adjusted returns over time.” Why Bitcoin Could Hit $1.25 Million Within Five Years That allocation argument has long sat at the center of ARK’s Bitcoin thesis. In Wood’s framing, Bitcoin’s role is not limited to speculative upside. She described it as a potential substitute for gold as generational wealth changes hands, with younger investors more likely to adopt “a digital store of value.” She also called Bitcoin “an insurance policy,” especially in emerging markets facing what she described as “fiscal and monetary neglect at best or corruption at worst.” Related Reading: Bitcoin’s Worst Outflow Week Of The Year Just Happened — And The Timing Is Alarming Wood also tied Bitcoin’s potential growth to the expanding stablecoin market, though not in the way some crypto maximalists might expect. Rather than predicting an immediate displacement of the dollar, she argued that stablecoins could strengthen dollar distribution globally because major dollar-backed tokens are largely supported by US Treasuries. “Because of stablecoins, the dollar will also be strong,” Wood said. “So effectively stablecoins, so USDC, Circle’s stablecoin, and USDT, Tether’s stablecoin, they are backed primarily by US Treasuries. So to the extent they become successful around the world, we’re going to be effectively exporting dollars. And that should be dollar positive.” At the same time, Wood said she sees an asset-allocation shift beginning toward Bitcoin and other crypto assets, again citing their low correlation with traditional markets. Regulation was another major part of the discussion. Wood said the GENIUS Act and, potentially, the CLARITY Act could establish a framework that allows institutions to enter the crypto market more aggressively. She noted that the administration wants CLARITY completed by July 4, though she said she was unsure whether that timeline would be met. “I think once we do, because the odds have gone up recently that it will be passed, that we will see much more of an institutional swoosh into the space,” Wood said. The ARK founder also leaned into Bitcoin’s supply mechanics as a contrast with gold. She noted that roughly 20 million Bitcoin have already been mined out of the 21 million supply cap, leaving only about 1 million more to be issued. Gold supply, by comparison, rises at roughly 1% per year, she said, and could increase further in response to recent price gains. “Bitcoin is mathematically metered,” Wood said. “There will be no supply response. It’s just mathematically metered. And right now it’s increasing at 0.9% roughly per year, which is lower than gold’s long term. And in the next two years we’ll be down to 0.45% increase per year.” Related Reading: Bitcoin Could Fall To $40,000 If Saylor’s Bid Stalls, Ran Neuner Warns Wood acknowledged the debate over Bitcoin’s performance relative to gold during periods of macro stress, when gold has at times rallied while Bitcoin sold off. But she argued that the relationship between the two assets remains weak over longer periods, citing a correlation of 0.14 since 2019, when institutions began considering Bitcoin more seriously as an asset class. She also said gold has tended to lead Bitcoin in recent cycles, and argued that the two may now be changing places as Bitcoin builds momentum while gold weakens. In her view, a stronger dollar could become a mild headwind for gold, while Bitcoin’s institutional adoption story continues to develop separately. At press time, BTC traded at $75,034. Featured image created with DALL.E, chart from TradingView.com

A countertrend rally that pushed Bitcoin to $82,800 has done little to change one analyst’s bearish outlook — because he says the bounce itself is proof the pattern is repeating. Related Reading: When Bitcoin Gets Ignored, It Tends To Rally The Hardest, Analyst Says What The Charts Are Showing Benjamin Cowen, founder and CEO of Into The Cryptoverse, points to a recurring rejection at the 200-day simple moving average as a key signal. The same thing happened in 2018 and 2022, and both times it came just before the final leg down. Cowen also noted that some countertrend rallies in past cycles ran longer than 20 weeks. The current one clocked in at 16 weeks, which he says undercuts the argument that Bitcoin has already found its floor. The four year cycle for Bitcoin is not dead. Bitcoin topped when it always topped (to within 1 week when measure from low-to-high), so why can’t it bottom near the end of the midterm year, just as it generally has? (1/x) pic.twitter.com/Spoh4s6NRG — Benjamin Cowen (@benjamincowen) May 25, 2026 Bitcoin Peaked On Schedule According to Cowen, Bitcoin’s run-up to $126,200 in October 2025 landed within the expected cycle window when measured from the previous low to the high. That kind of timing at the top, he argues, makes it harder to dismiss the same framework when looking at where the bottom might land. Past cycles put their lows in the closing months of the midterm year — December 2018 and November 2022, specifically. Based on that pattern, Cowen believes the bottom is still ahead, likely toward the end of 2026. Two charts he shared support the view. One tracks the return on investment from the market cycle peak to the bear market low. The other tracks the multiplier from bear market lows to the next bull market peak. Both are following the shape of prior cycles, even if the raw numbers are smaller this time around. When The Drop Could Come Cowen had previously flagged May and June as the window when the next significant decline would begin. He expects that move to carry Bitcoin below the February 6 low of $60,000 — a level that a number of other analysts have called the cycle bottom. Related Reading: Crypto Market Sees $1.46B Fund Exodus As Traders Turn Cautious Not everyone sees another drop coming. Analyst Sykodelic has predicted Bitcoin will climb past $90,000 in June after retesting a key level of support. The debate reflects a broader split in how analysts are reading the market right now. Cowen’s position rests on the idea that the four-year cycle, tied to Bitcoin’s halving schedule, continues to drive price behavior in a predictable way despite the asset’s growth and changing market structure. Featured image from Pexels, chart from TradingView

Bitcoin is struggling to reclaim higher levels as the price tests the $76,000 level and the market searches for the structural support needed to prevent the correction from extending further. The backdrop is challenging — but a CryptoQuant report has identified a specific event in the miner flow data that adds an important layer of context to the current price action, and the most significant detail is not the event itself but what happened immediately after it. Related Reading: Ethereum Staking Record Meets On-Chain Collapse: Analyst Explains What’s Holding ETH Price On May 18, miners sent approximately 21,000 BTC to Binance in a single day. That figure places the event in a specific historical category: it marks only the second time since February 5, 2026 that miner inflows to Binance have exceeded 20,000 BTC in a single session. The February 5 instance recorded approximately 23,150 BTC arriving from miners — a deposit that coincided with one of the most significant price moments of the recent cycle. Bitcoin Miners to Multi Exchanges Flow | Source: CryptoQuant In conventional on-chain analysis, a transfer of this scale triggers an immediate interpretation. Miners move Bitcoin to exchanges when they are preparing to sell — covering operational costs, locking in profits, or repositioning ahead of anticipated price weakness. A 21,000 BTC deposit from miners is the kind of supply event that markets typically treat as a sell-pressure warning. The CryptoQuant report argues that the conventional interpretation misses the more important signal entirely — and that signal is Bitcoin’s reaction to the inflow rather than the inflow itself. 21,000 BTC From Miners and Bitcoin Didn’t Break The CryptoQuant report identifies the absence of a breakdown as the most analytically significant element of the May 18 miner inflow event. Despite 21,000 BTC arriving from miners in a single session, Bitcoin did not experience the sharp price deterioration that the conventional interpretation would predict. The market absorbed the supply without collapsing under it. The historical pattern the report maps adds the context that makes the current reaction worth tracking carefully. Previous major miner inflow spikes to Binance have appeared either near local bottoms or immediately before upward price moves. In cases where neither occurred, the downside reaction remained limited rather than aggressive. The spikes that look alarming in isolation have repeatedly produced more constructive outcomes than the raw inflow data suggests they should. The exchange reserve data adds the cumulative picture. Binance’s Bitcoin reserve increased from approximately 618,600 BTC on May 6 to approximately 634,000 BTC by May 26 — a net addition of roughly 15,400 BTC that includes the major miner-related inflow. More Bitcoin is sitting on Binance than at any point in the past three weeks. That supply has not translated into a severe price decline. Bitcoin Multi Exchange Reserve | Source: CryptoQuant The CryptoQuant assessment is precise about what this combination does and does not confirm. Miner inflows are not bullish signals by themselves — rising exchange reserves remain a risk if demand weakens or miners continue depositing at elevated rates. But the market’s response to the supply that has already arrived is more informative than the supply itself. Bitcoin facing 21,000 BTC in miner deposits and holding near $76,000 describes a demand structure that is absorbing rather than capitulating — and that distinction is what the report identifies as the most important takeaway from the current setup. Related Reading: Bitcoin Spot Volume Collapses 81% Since October 10: History Points To A Rare Setup Bitcoin Holds Above Key Support Despite Selling Pressure Bitcoin continues consolidating near the $76,000 region after losing momentum from the recent rally toward the $82,000 resistance zone. The daily chart shows BTC struggling to reclaim higher levels as sellers repeatedly defend the area beneath the declining 200-day moving average, which continues acting as the primary macro resistance level for the current structure. Bitcoin loses key SMA | Source: BTCUSDT chart on TradingView Despite the weakness, bulls have so far managed to prevent a decisive breakdown below the critical support region between $72,000 and $73,000. That zone has become the most important structural level on the chart, aligning closely with the rising short-term moving averages that supported the recovery throughout April and early May. Each retracement into that area has attracted buyers, preventing downside continuation. Related Reading: The Institutional Bitcoin Exit Is Real: Analyst Exposes Who’s On The Wrong Side Of The Trade The current consolidation also reflects a broader decline in volatility compared to the capitulation event seen in February, when Bitcoin briefly collapsed toward the $63,000–$65,000 demand zone. Since then, the market has formed a sequence of higher lows, suggesting that aggressive selling pressure is gradually losing momentum even if bullish continuation has not yet been confirmed. As long as Bitcoin holds above the $72,000 support cluster, the broader recovery structure remains technically intact despite the current uncertainty. Featured image from ChatGPT, chart from TradingView.com 

Data shows the Bitcoin Funding Rate for the perpetual futures market has turned positive recently, a sign that bullish positions are dominating. Bitcoin Funding Rates Have Been Green Recently In a new post on X, analytics firm Glassnode has discussed the latest trend in the Bitcoin Funding Rate. This metric measures the average amount of periodic fees that perpetual futures traders are paying each other on the various centralized exchanges right now. Related Reading: Chainlink Whales Are Accumulating: Wallets Hit New All-Time High When the value of this indicator is positive, it means long contract holders are paying a premium to the short investors. Such a trend implies a bullish sentiment is dominant in the market. On the other hand, the metric being below zero suggests a bearish mentality may be shared by the majority of futures market traders, as shorts are outweighing the longs. Now, here is the chart shared by Glassnode that shows the trend in the Bitcoin Funding Rate over the last few months: As displayed in the above graph, the Bitcoin Funding Rate dipped into the negative territory as the cryptocurrency recovered during April and the first half of May. April in particular saw significant negative spikes in the indicator, implying a heavy bias toward short positioning. Since these bets went against the price trend, they ended up getting liquidated as the cryptocurrency marched higher. The market bias began to shift in mid-May, with the average Funding Rate reversing into the green zone. Today, the indicator is sitting at a notable positive level, suggesting that investors are betting on a bullish outcome for the cryptocurrency. Interestingly, this bias toward long positions has been maintained despite the fact that Bitcoin has retraced some of its recovery. One pullback has come in the last 24 hours, and since there has been an excess of long positions, a significant amount of liquidations related to them have followed, according to data from CoinGlass. From the above heatmap, it’s visible that Bitcoin-related positions have suffered a total of $104 million in liquidations over the past day. Out of these, more than $85 million of the contracts involved have been bullish bets. Related Reading: Render Jumps 30% As Key On-Chain Metrics Break Out If the current market trajectory continues in the near future, it’s possible that more long liquidations could follow, considering the current high value on the Funding Rate. A sharp enough decline could even trigger a long squeeze, a volatile event where a cascade of bullish liquidations is unleashed. It only remains to be seen, though, how the market will develop. BTC Price Bitcoin is back at the $75,900 mark following its latest pullback. Featured image from Dall-E, chart from TradingView.com

Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $76,200 support zone. BTC remained in a bearish zone and extended losses below the $75,800 level. There was a move below the $75,500 level. The price even dipped below $75,000. A low was formed at $74,050 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Bitcoin is now trading below $75,000 and the 100 hourly simple moving average. If the price remains stable above $74,000, it could attempt a fresh increase. Immediate resistance is near the $74,800 level. There is also a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair. The first key resistance is near the $75,500 level. A close above the $75,500 resistance might send the price further higher. In the stated case, the price could rise and test the $75,950 resistance or the 50% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Any more gains might send the price toward the $76,400 level. The next barrier for the bulls could be $77,800. More Losses In BTC? If Bitcoin fails to rise above the $75,950 resistance zone, it could start another decline. Immediate support is near the $74,000 level. The first major support is near the $73,500 level. The next support is now near the $73,200 zone. Any more losses might send the price toward the $72,000 support in the near term. The main support now sits at $70,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $74,000, followed by $73,500. Major Resistance Levels – $74,850 and $75,950.

Eight straight days. That is how long US spot Bitcoin ETFs have been bleeding money, with more than $2 billion in net outflows recorded since May 14 — and Tuesday’s session added another ugly chapter to that streak. Related Reading: HYPE Price Breakout Ignites Rally Talk Toward $170 Target A Sell Order Like No Other A single trader sold over 29 million shares of BlackRock’s iShares Bitcoin Trust ETF on Tuesday through a dark pool, a private trading platform used by institutions to quietly execute large orders away from public markets. The transaction, valued at $1.3 billion, was executed at $43.16 per share at 2:30 pm UTC. Alex Thorn, head of firmwide research at Galaxy Digital, said it was the biggest dark pool trade in the fund he had ever seen. Bloomberg ETF analyst Eric Balchunas added more weight to that claim, pointing out that the sell order was more than 22 times larger than the second-biggest IBIT sell order recorded on the same day. The identity of the trader has not been disclosed. massive $1.289 billion IBIT block sale by unknown party through dark pool at 10:30am today, biggest such trade i’ve ever seen pic.twitter.com/9qGDqkfCbu — Alex Thorn (@intangiblecoins) May 26, 2026 Bitcoin Slid Within Minutes Price data from TradingView shows Bitcoin fell 1.45% — from $77,870 to $76,721 — within 10 minutes of the trade being executed. The drop did not stop there. Bitcoin continued sliding and hit a 24-hour low of $75,600 roughly 12 hours later, marking a 2.5% loss for the day. Tuesday’s total outflow from US spot Bitcoin ETFs came in at $333 million, with IBIT alone accounting for over $192 million of that figure. That brings the cumulative outflow since May 14 past the $2 billion mark. Institutions Pulling Back The sell-off fits a broader pattern of institutional retreat. Jane Street cut its Bitcoin ETF holdings by around 70% in the first quarter, while Goldman Sachs trimmed its position by 10%. Bitcoin has historically traded outside the orbit of traditional financial markets, but the rise of US-based Bitcoin ETFs has pulled institutional investors in — and now some are heading for the exit. Related Reading: When Bitcoin Gets Ignored, It Tends To Rally The Hardest, Analyst Says Fresh capital entering the market has not been enough to offset the pace of withdrawals, according to reports. Whether Tuesday’s massive dark pool transaction signals a shift in strategy by a major holder, or simply a one-time portfolio move, remains unknown. Featured image from Unsplash, chart from TradingView

Bitcoin is showing a monthly momentum signal that has appeared near several major cycle lows, which raises the possibility that the current correction is entering its final stage.  The setup is based on the monthly logarithmic MACD histogram, where previous Bitcoin bottoms formed only when the red bars began fading for at least two straight months. The same signal may now be forming again, but there is one important catch. Bitcoin MACD Repeating Bottom Pattern The technical outlook in question is based on the monthly candlestick timeframe chart, but May has not closed yet, and Bitcoin is still trading in a fragile zone below $76,000 after failing to hold above the $80,000 region, which it broke above earlier in the month. Technical analysis done by crypto analyst Washigorira focuses on a simple but historically significant feature that involves two consecutive lighter red bars on Bitcoin’s monthly logarithmic MACD histogram. In past cycles, the darker red histogram bars showed expanding bearish momentum, while the lighter red bars showed that the downside pressure was beginning to weaken. This same pattern appeared around previous Bitcoin bottoming phases. The Bitcoin monthly candlestick chart, shown below, points to similar monthly MACD transitions in 2012, the 2015 bear market bottom, the 2019 cycle reset, and the late 2022 to early 2023 recovery phase. In each case, Bitcoin did not immediately explode higher the moment the first lighter red bar appeared, but the signal showed that sellers were losing control on the monthly timeframe. The May Close Is The Real Signal The same configuration now appears to be forming again. Bitcoin’s monthly MACD histogram turned deep red in September 2025, but April 2026 delivered the first lighter red bar since that flip, indicating that bearish momentum had started to ease.  May is in progress and has not yet printed its final reading. If the month closes with a second consecutive lighter bar, the pattern will have repeated again, and Bitcoin’s bottom may already be in.  “If history rhymes, the worst of the downside may already be behind us,” WashiGorira noted. On the other hand, a weak close that creates a deep red histogram again would delay the signal and keep the bear case alive. Bitcoin’s short-term price action is stuck between relief and weakness, and it is currently unclear how May will close. The cryptocurrency has held above the lower panic levels at $74,000 for now, but it has struggled to reclaim the $80,000 zone in May. Bitcoin is currently struggling with outflows from Spot Bitcoin ETFs and low spot demand on crypto exchanges. None of this necessarily breaks the technical histogram pattern WashiGorira is tracking. The bearish reading is that the pattern could still leave room for one final crash before a bottom is confirmed. Some technical analysts have warned that the Bitcoin price could still break below $50,000. Featured image from Pixabay, chart from Tradingview.com

Bitcoin’s long-term security model is once again under the spotlight following new data from Glassnode suggesting that the network could face theoretical risks in a future dominated by quantum computing. The report shows that a significant portion of BTC’s circulating supply could be vulnerable in the future if quantum technology advances to the point where it can break current cryptographic protections. Glassnode’s Data Reveals The Scale Of Potential Future Exposure New data from Glassnode, an on-chain data analytics platform, has shed light on a potential long-term change facing Bitcoin’s security model. Crypto trader Evans revealed on X that the analysis estimates that approximately 6.04 million BTC, nearly 30% of the total BTC supply, could theoretically be at risk from future quantum computing threats.  Related Reading: More Bitcoin Is Moving Into The Hands Of Long-Term Investors Amid Sideways Price Performance This is because the public keys associated with those coins have already been exposed on-chain. However, what stands out even more is that roughly 4.12 million BTC of the risk is associated with address reuse and outdated custody methods that unnecessarily increase public-key exposure. In addition, the data also indicates that centralized exchanges collectively hold more than 1.6 million BTC in potentially exposed addresses. Comparing Current Volume Collapse To The 2023 Bear Market Bitcoin spot trading volumes have collapsed by approximately 81% since October 2025, pushing market activity back to levels typically associated with bear market conditions. A Verified Author for CryptoQuant, known as Darkfost, has pointed out that to find similarly low participation, one would have to look back to July 2023, highlighting just how sharply spot volumes have declined. Related Reading: Bitcoin LTH Supply Surge Does Not Reflect Real Demand — Here’s Why Despite the broader slowdown, major exchanges like Binance continue to dominate the market with $36.4 billion in trading volume, and recorded $198.6 billion in October 2025. Therefore, volumes are nearly 5 times lower in the current market, representing 81% decline, and Binance is far from an isolated case. Meanwhile, Gate.io has also seen a massive 79.6% drop in volumes, and Bybit is down 66%. This development primarily reflects a macro environment that has been unfavorable for risk assets such as cryptocurrencies. The persistently rising inflationary pressures and the prolonged US-Iran tensions have pushed investors toward preferred commodities and traditional equity indices over crypto markets. According to Darkfost, this dynamic can also be interpreted constructively. The sharp decline in trading activity shows that the selling pressure behind the current retracement is gradually losing momentum. Historically, prolonged periods of weak spot volume have often coincided with the later stages of market corrections, when selling pressure begins to exhaust itself, and speculative excess is flushed from the system. Notably, a similar collapse in trading activity occurred near the end of the 2023 bear market before volatility returned and the bullish trend recovered. Featured image from Getty Images, chart from Tradingview.com

Hyperliquid (HYPE) recently broke into the top 10 cryptocurrencies by market capitalization, sitting alongside top players like Bitcoin (BTC) and Ethereum (ETH), after its price surged past $50 and set a new all-time high. Now, on-chain analytics platforms are showing what HYPE’s ultimate price could become if it surpasses Ethereum’s market cap.  Hyperliquid’s ATH Price If It Surpasses Ethereum’s Market Cap Hyperliquid skyrocketed past $50 a few days ago, surpassing Dogecoin’s ranking to take the 9th spot as one of the largest cryptocurrencies in terms of market capitalization. The move marks the first time the token has traded above this zone since late October 2025.  Related Reading: Why Is Bullishness Around Hyperliquid On The Rise Again? Currently, HYPE has extended its rally well beyond $60. The breakout reflects a strong shift in trading activity around the token, as well as renewed interest and confidence in DeFi protocols and AI-backed tokens. HYPE’s move back into this historic price range also suggests that traders and investors are once again engaging more actively with Hyperliquid’s perpetual futures DEX. Interestingly, the recent rally in the HYPE price has brought renewed focus on Ethereum, one of Hyperliquid’s biggest crypto and DeFi rivals. While Ethereum remains a dominant benchmark for decentralized applications, Hyperliquid is designed specifically for financial trading and derivatives. Nevertheless, data from Marketcapof has revealed how high HYPE’s price could reach if its market capitalization of $15.99 billion surpasses Ethereum’s, which is around $250.99 billion. Projections indicate the token could move well beyond its previous all-time high, potentially reaching approximately $1,127, marking a 17.92x from present levels. At more extreme ATH levels, where market euphoria is likely at its peak, estimates place HYPE as high as $2,633. This would represent a gain of about 42x from current prices, underscoring the scale of the cryptocurrency’s potential upside.  Competition Intensifies As HYPE Captures More ETF Inflows Than ETH Before recording an ATH, Hyperliquid has been strengthening its market position as capital continues to rotate away from major legacy assets like Bitcoin and Ethereum toward newer, high-growth protocols. HYPE’s recent performance reflects both rising adoption of its DEX platform and a broader shift in liquidity across the crypto sector. Related Reading: Dogecoin, ASTER, And HYPE: Large Token Unlocks Investors Should Be Aware Of A key driver behind the bullish momentum was the launch of spot HYPE ETFs by investment management firms Bitwise and 21Shares in May. The products have attracted millions of dollars in inflows, underscoring steady institutional demand for HYPE amid heightened derivatives activity. Earlier in the year, market volatility linked to the US-Iran war triggered record perpetual futures volume on Hyperliquid, pushing activity on the platform to new highs. Liquidity conditions also improved after Coinbase, the world’s largest crypto exchange, became the official USDC provider on Hyperliquid. Against this backdrop, Ethereum dominance is waning significantly. The cryptocurrency’s price has struggled to maintain momentum, falling roughly 30% year-to-date. ETF flow data reflects this shift, with about $1 billion exiting Bitcoin and Ethereum products while XRP and HYPE funds recorded about $94 million in combined inflows. Featured image from Medium, chart from Tradingview.com

China’s securities regulator, the China Securities Regulatory Commission, announced on May 25 that it will penalize three major offshore brokerages for their ties to crypto — Tiger Brokers, Futu Securities, and Longbridge Securities — for illegal cross-border financial operations targeting mainland investors, as part of a sweeping nine-agency implementation plan that sets a two-year deadline to eliminate all unauthorized cross-border securities, futures, and fund management activity from China’s financial landscape. Related Reading: Bankless Co-Founder Explains Why He Sold All His Ethereum The announcement, made public via the State Council Information Office and covered by China’s official Xinhua News Agency, represents the most coordinated regulatory enforcement action Beijing has taken against offshore financial platforms since the 2021 crypto mining ban. The CSRC stated it will confiscate all illegal gains from domestic and overseas entities associated with Tiger, Futu, and Longbridge, and impose severe penalties in accordance with Chinese law, per the official Xinhua report. Under the implementation plan, the three brokerages have been given a two-year phase-out window — during which they are strictly prohibited from facilitating new buy orders or accepting capital inflows from mainland investors. Only sell orders and capital withdrawals will be permitted. Upon expiration, affected institutions must completely shut down their mainland-targeted websites, trading applications, and supporting servers, per the SCIO announcement. BTC's price trends to the upside since March 2026 as seen on the daily chart. Source: BTCUSD on Tradingview Why This Matters For Crypto The enforcement action is not nominally directed at crypto — it targets offshore securities and futures brokerages. The crypto implications, however, are structural and direct. The primary channels through which Chinese traders access crypto markets — over-the-counter desks, peer-to-peer exchanges, and USDT on-ramps — operate in the same regulatory gray zone that Beijing has now formally committed to eliminating across all cross-border financial activity, per analysis by BeInCrypto published May 22. The February 2026 crackdown, in which the People’s Bank of China and seven other agencies jointly expanded China’s existing crypto ban to explicitly cover stablecoins, RWA tokenization, and offshore yuan-pegged stablecoin issuance, established the policy framework. The May 25 action represents its enforcement arm — a signal that the two-year rectification timeline applies broadly to any unauthorized cross-border financial channel, not only to licensed brokerages, per the CSRC’s implementation plan language as reported by Xinhua. Market reaction was swift. US-listed shares of Tiger Brokers’ parent company fell more than 10% in premarket trading. Futu Holdings dropped more than 5%, with some session reports showing declines reaching 35%, per Wu Blockchain’s coverage of the announcement on May 22. The Broader Pattern Beijing’s 2026 enforcement posture reflects a deliberate sequencing: the February policy notice established the expanded legal perimeter covering stablecoins and tokenization; the May brokerage action demonstrates the state’s willingness to impose material financial penalties on large, publicly listed companies operating in breach of that perimeter. For the nascent sector’s participants who have continued to access crypto through informal Chinese channels, the trajectory of enforcement points in one direction — and the two-year rectification deadline gives Beijing a concrete timeline against which to measure compliance. Related Reading: Will XRP Price Ever Reach $200? Top Expert Discloses What Must Happen First This development marks a critical juncture for crypto’s relationship with Chinese capital. Whether the crackdown accelerates OTC crypto demand as mainland investors seek alternative stores of value — as has historically occurred during prior Chinese enforcement waves — or succeeds in materially reducing cross-border digital asset flows, will determine whether Beijing’s tightening ultimately strengthens or simply redirects China’s crypto participation. Cover image from Grok, BTCUSD on Tradingview

The idea of XRP reaching $200 may sound bold, but for many analysts it’s also tied to one uncomfortable reality: the token would need more than a strong chart—it would require the market to expand to a level crypto has never reached. Market expert Sam Daodu argued in his latest report that the gap between where XRP trades today and the $200 milestone is larger than most people think, and that all major conditions in his framework must arrive together, not in stages. Why XRP Needs A Bigger Crypto Market XRP is currently about 63% below its all-time high of $3.65 reached last year, while trading at $1.34 at the time of writing, yet the debate around $200 remains unresolved.  Daodu points to the supply side as the first hurdle. XRP has over 61.8 billion tokens in circulation, and to take a $200 target seriously, that supply has to be multiplied out. At $200 per token, the total value of XRP would be roughly $12.4 trillion. That figure is about five times the total value of the crypto market as it stands today. Related Reading: XRP, ETH, SOL, LINK Look Cheap—The Catalysts That Could Drive The Next Leg Up That comparison is at the center of Daodu’s argument. He believes a $12.4 trillion market cap for XRP cannot exist inside a $2.6 trillion crypto market, which makes his first condition essentially unavoidable: a market-wide expansion would have to happen, one that exceeds anything the industry has produced before.  And even once the broader market grows, Daodu says Bitcoin (BTC) can’t just participate—it has to lead. He notes that every major XRP rally in history followed BTC rather than coming ahead of it, meaning capital would likely need to rotate into XRP only after Bitcoin has already demonstrated sustained strength. Daodu also argues that institutional involvement is a crucial part of the scale implied by $200. For XRP to attract inflows large enough to support that kind of valuation, Bitcoin would need to be in a durable breakout, with institutions already allocated. But even if Bitcoin leads and the broader market expands, XRP still has its own milestones to clear before $200 becomes a realistic conversation.  More Than A Price Target XRP’s past helps explain why the path isn’t likely to be quick. The token spent about 18 months consolidating between 2015 and 2017 before it moved into its first major cycle. Later, after years of grinding under the US Securities and Exchange Commission (SEC) lawsuit, the altcoin rallied from $0.50 to its July 2025 peak.  Across those eras, Daodu emphasizes that big XRP moves were supported by a long base, a favorable regulatory environment, and a Bitcoin-led market running in the same direction. In his assessment, those ingredients have historically been difficult to line up quickly. Related Reading: Ethereum Price Roadmap For The Rest Of 2026: Bull, Base, And Bear Scenarios Unpacked The current cycle, he says, follows the same logic. XRP is down 63% from the current price peak and remains trapped in the $1.30 to $1.50 range for much of 2026.  It is still waiting on the regulatory catalyst of the CLARITY Act, and Daodu suggests it is still more dependent on retail than on institutional flows from exchange-traded fund (ETF) activity. Because of this, he puts the earliest window for all of these factors to align around 2030. Even with all of those constraints, Daodu doesn’t call $200 impossible. Instead, he argues the market is building something that extends beyond price, including payment rails, institutional partnerships, and a regulatory framework.  Featured image created with OpenArt; chart from TradingView.com

Ran Neuner says Bitcoin’s chart structure is starting to resemble the breakdown pattern that preceded the 2022 capitulation, with one key difference: this time, he argues, Michael Saylor’s Strategy may be the market’s most important marginal buyer. Speaking with Scott Melker in a May 24 interview, Neuner said Bitcoin is sitting inside a “very scary structure,” pointing to what he described as a bear flag that has failed to resolve higher. His concern is not only technical. It is also tied to whether Strategy can keep raising capital through STRC, a preferred-stock instrument that Neuner believes has become central to Saylor’s ability to buy more Bitcoin. “If history repeats, right, then we should break down or could break down below this,” Neuner said, referring to Bitcoin’s current chart pattern. “I hate saying it because look, I don’t even want to admit it to myself, but I mean definitely it’s going down to the $40ks or $50ks if it happens.” The argument rests on a comparison with 2022. Neuner said Bitcoin previously dropped, formed a bear flag, retested the 200-day moving average, and then suffered a deeper leg lower after failing to reclaim the structure. He said the present setup looks like a “mirror image,” with Bitcoin again testing the bear-flag region and the 200-day moving average before rolling back into the range. Related Reading: Bitcoin Sell Pressure Rising? Binance Inflows Hit 10-Day Streak But the sharper part of Neuner’s thesis concerns Strategy’s funding engine. He argued that Saylor’s recent Bitcoin purchases have depended heavily on STRC trading back toward $100 ahead of its ex-dividend date, allowing Strategy to issue shares, raise capital and deploy the proceeds into Bitcoin. The problem, in Neuner’s view, is that the window for that trade has been narrowing. “Last month in May, it only pegged at 100 on the 11th of May when the XD date was the 15th of May,” Neuner said. “Whereas in the previous months, it pegged on the 25th of the previous month. So it should have pegged, if it was going to keep the trend, on the 25th of April. It only pegged on the 11th of May, right? Which meant that he only had four days to raise money.” Neuner said that matters because Bitcoin’s recent rallies appeared to line up with periods when Strategy had more time to raise capital and buy. If STRC spends fewer days near $100, he argued, the market may begin to discount the absence of its largest recurring buyer. Related Reading: Bitcoin Rally Faces Fresh Test As Demand Metric Hits 2026 Low “If we carry on like last month and we have another month where he can’t raise money, eventually the market’s going to start discounting the fact that Saylor is not in the market anymore on STRC,” Neuner said. “Your biggest buyer at the moment is not in the market anymore.” Melker pushed back on the idea that STRC would collapse without a major credit event, noting that the product is linked to Strategy and indirectly backed by its Bitcoin position. Neuner did not describe STRC as a Ponzi or suggest wrongdoing. His concern was more mechanical: he said he does not understand why the instrument must trade at $100 when holders still receive the dividend below that level. The discussion also widened into macro risks. Neuner cited rising Treasury yields, sticky inflation, oil prices, and the possibility that large SpaceX and OpenAI IPOs could drain liquidity from risk assets. He said Treasury yields and equities cannot both keep rising indefinitely, arguing that “one of them has to give.” At press time, Bitcoin traded at $77,033. Featured image created with DALL.E, chart from TradingView.com

Bitcoin price started a downside correction from the $77,800 zone. BTC is showing bearish signs and might continue lower below $75,500. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $76,800 and the 100 hourly simple moving average. There was a break below a declining channel with support at $76,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $76,200 and $76,500 levels. Bitcoin Price Dips Further Bitcoin price failed to clear the $77,500 resistance zone. BTC started a downside correction and declined below the key support at $76,500 to enter a bearish zone. There was a move below the 50% Fib retracement level of the upward move from the $74,210 swing low to the $77,810 high. Besides, there was a break below a declining channel with support at $76,250 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $76,500 and the 100 hourly simple moving average. If the price remains stable above $75,500, it could attempt a fresh increase. Immediate resistance is near the $76,000 level. The first key resistance is near the $76,250 level. A close above the $76,250 resistance might send the price further higher. In the stated case, the price could rise and test the $77,000 resistance. The next resistance could be near the $77,200 level. Any more gains might send the price toward the $78,000 level. The main hurdle for the bulls could be $79,500. Downside Extension In BTC? If Bitcoin fails to rise above the $76,500 resistance zone, it could start another decline. Immediate support is near the $75,550 level or the 61.8% Fib retracement level of the upward move from the $74,210 swing low to the $77,810 high. The first major support is near the $75,000 level. The next support is now near the $74,200 zone. Any more losses might send the price toward the $74,000 support in the near term. The main support now sits at $73,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $74,200, followed by $73,500. Major Resistance Levels – $76,500 and $77,000.

The Bitcoin price is under renewed pressure as a crypto analyst warns the market could be heading for a sharp correction toward $52,000. According to the analyst, a Head and Shoulders formation has appeared on the chart, a technical pattern often associated with potential trend reversals and downside momentum. The setup suggests that if bearish pressure continues to build, the leading cryptocurrency could be at risk of a significant near-term crash, raising fresh concerns across the broader market. Bitcoin Price Forecasted To Crash To $52,000 A crypto analyst, identified as NoName on X, has warned that Bitcoin could be heading toward another price crash near $52,000. The analyst pointed to a Head & Shoulder pattern that has been forming on the chart since 2024 and continued even after BTC recorded its all-time high above $126,000 in October.   Related Reading: Bitcoin Bulls Are Back In Action And They’re Looking To Close This CME Gap The chart showed that Bitcoin recently experienced a failed breakdown after completing the right shoulder of its H&S formation. After this breakdown, BTC’s price began climbing back up, with the goal of reclaiming the $100,000 level.  Interestingly, NoName noted that many traders had turned bullish once Bitcoin began its bounce, first from the $70,000 range. However, once its price moved toward the $82,000 psychological resistance level, BTC was rejected, confirming underlying weakness in the cryptocurrency’s market trend and structure.  NoName further noted that the combination of a broken support and strong resistance indicates that sellers are still largely in control of the BTC market. The analyst added that Bitcoin’s recent move toward $83,000 may have looked like a sustained bullish rally to many investors, but it was not a true recovery. Instead, he described it as a temporary pause in price action that usually comes before further downside pressure. Given the current market weakness and ongoing bear market, NoName has projected that Bitcoin could eventually tumble toward $52,000 if the H&S pattern continues to play out. He also warned that if selling pressure intensifies, Bitcoin could plummet even lower toward a final downside floor near $30,000, as highlighted by the red-shaded area on the chart. At current levels above $76,000, a decline to this area would represent a massive price crash of more than 60%.  Analysts Share Similar Bearish Outlooks Bitcoin is facing growing bearish sentiment as more analysts forecast downside targets for the leading cryptocurrency. Market analyst Chiefy recently shared a bearish outlook on X, highlighting a recurring four-year cycle pattern on the BTC chart. Related Reading: Historical Performance Says Bitcoin Price Will Not Bottom Until It Touches This Level The crypto expert stated that during those historical cyclical periods, BTC had moved through a repeated sequence of bull phase, distribution, capitulation, and cycle bottom. According to the analyst, the current market cycle is now entering the most dangerous phase of that sequence.  Chiefy noted that Bitcoin is approaching a level where its key support could break. He warned that losing that support could lead to stronger downside pressure and increased panic selling across the market. As a result, the analyst has projected a potential decline to $50,000 if the current cycle continues to follow historical patterns. He noted that this region aligns with the capitulation phase seen in earlier four-year cycles. Featured image from Getty Images, chart from Tradingview.com

Bitcoin is facing renewed selling pressure as uncertainty continues dominating global financial markets, but bulls have so far managed to defend the critical $75,000 region. The asset remains trapped below key resistance levels after failing to reclaim momentum above $80,000 earlier this month, leaving traders searching for signs that the current correction is either stabilizing or preparing for another leg lower. Related Reading: HYPE Rally Accelerates Above $60 As High-Profile Whale Quietly Builds His Position While the recent weakness has raised concerns across the market, top analyst Darkfost believes one of the most important signals is not price itself — but the dramatic collapse in spot trading activity happening beneath the surface. According to data from Darkfost, Bitcoin spot trading volumes have now fallen to levels historically associated with bear markets. The analyst notes that investors must go back to July 2023 to find a period where BTC spot volumes were this low across major exchanges. Binance, which remains the dominant venue in the crypto market, currently processes around $36.4 billion in trading volume. In October 2025, that figure stood at approximately $198.6 billion. Bitcoin Spot Trading Volume | Source: CryptoQuant The collapse is severe. Binance volumes are now nearly five times lower than they were at the cycle peak, representing an 81% decline. Other exchanges show similar weakness, with Gateio volumes falling nearly 80% and Bybit recording a 66% drop in activity. Bitcoin Volume Collapse May Signal Seller Exhaustion Darkfost explains that the collapse in Bitcoin spot trading activity reflects a broader macroeconomic environment that has become increasingly hostile toward risk assets such as cryptocurrencies. Rising inflationary pressures, persistent uncertainty surrounding global monetary policy, and the US/Iran conflict lasting longer than markets initially expected have pushed investors toward safer or more traditional assets. Commodities, energy markets, and major equity indices have absorbed a large portion of capital flows that previously rotated into crypto during periods of stronger risk appetite. The result has been a sharp contraction in participation across spot crypto markets. Lower trading activity often reflects declining enthusiasm, weaker speculative demand, and reduced institutional engagement. However, Darkfost argues that the current setup may not be entirely bearish from a structural perspective. Related Reading: The Institutional Bitcoin Exit Is Real: Analyst Exposes Who’s On The Wrong Side Of The Trade Historically, prolonged declines in spot volume have frequently coincided with the later stages of corrective phases rather than the beginning of major collapses. As participation fades, aggressive selling pressure also begins to weaken because fewer market participants remain actively distributing positions into the market. The analysis points specifically to the 2023 bear market structure, where spot volumes collapsed to similarly depressed levels shortly before Bitcoin stabilized and volatility returned. That period of extreme inactivity ultimately became the foundation for the recovery phase that followed, as exhausted sellers gradually lost control of the market. Bitcoin Holds Above Key Support As Bulls Defend The $75K Region Bitcoin continues trading above the critical $75,000 support region despite persistent selling pressure and weakening market participation. The daily chart shows BTC consolidating near $76,800 after rejecting from the $82,000 resistance zone earlier this month, with price now trapped between major moving averages as traders wait for a decisive breakout or breakdown. Bitcoin consolidates above key price level | Source: BTCUSDT chart on TradingView Technically, Bitcoin remains above the 50-day moving average, which is currently acting as short-term support around the mid-$75,000 area. That level has become structurally important because it aligns closely with the broader horizontal demand zone between approximately $73,000 and $75,000 highlighted on the chart. Bulls have repeatedly defended this region throughout May, preventing sellers from regaining full control of the trend. Related Reading: FET Exchange Supply Is Quietly Disappearing – Discover Why Traders Are Watching Closely However, the broader structure still reflects caution. The 100-day and 200-day moving averages continue sloping downward overhead, reinforcing the idea that Bitcoin remains inside a larger corrective environment despite the recovery from February’s capitulation lows near $63,000. For now, Bitcoin remains in a compression phase. A decisive reclaim of the $80,000–$82,000 region would strengthen bullish momentum, while losing the $75,000 support zone could expose BTC to a deeper retrace toward the $70,000 area. Featured image from ChatGPT, chart from TradingView.com 

Bitcoin is trading below below $78,000 as weakening demand from US spot exchange-traded funds (ETFs) collides with a buildup of leveraged positions that could deepen selling if key support levels fail. Data from CryptoSlate showed that the largest digital asset trades near $77,400 after briefly clearing $82,000 earlier this month. The retreat came following a […]
The post This signal shows Bitcoin is heading towards $60,000 tied to a $14 billion liquidation setup appeared first on CryptoSlate.

Digital asset investment products shed $1.47 billion in a single week — the second consecutive week of outflows and the third-largest weekly withdrawal of 2026 — as Iran-related geopolitical risk collided with rising bond yields, a softening equity market, and the fading of a technical support structure that had kept Bitcoin pinned near $80,000 for most of the month, according to CoinShares’ latest Digital Asset Fund Flows report. Related Reading: XRP Crowd Fear Deepens As Santiment Points To Possible Rebound Bitcoin bore the brunt. The asset recorded $1.315 billion in outflows — the largest single-week Bitcoin withdrawal of 2026, surpassing the late January peak — pulling year-to-date inflows down to $2.6 billion from $3.9 billion the prior week, per CoinShares’ Volume 287 report authored by James Butterfill. The speed of the reversal underscores how quickly 2026’s cumulative inflow position can compress when risk appetite deteriorates. Two weeks ago that figure stood at $4.9 billion. It has now shed nearly half in a fortnight. Ethereum followed with $222.8 million in outflows, broadly in line with the prior week. Blockchain equity ETFs were also caught in the selloff, recording $133 million in aggregate outflows. The US dominated the regional picture with $1.425 billion in outflows — the vast majority of the global total — while Switzerland added $16.2 million, Canada $12.5 million, and Hong Kong $12.2 million, per the report. Germany was effectively flat. BTC's price trends to the upside since April 2026, as seen on the daily chart. Source: BTCUSD on Tradingview Why The Money Left Bitcoin — QCP’s Breakdown The mechanics behind the outflow are detailed in QCP Capital’s latest Market Colour note, which frames the week’s price action as the product of two converging forces: a technical support structure that expired and a macro backdrop that turned hostile simultaneously. On the technical side, dealer long gamma — particularly in IBIT options — had suppressed volatility and helped anchor Bitcoin near $80,000 through most of May. Friday’s options expiry rolled off more than $4 billion of IBIT contracts, removing that floor. Bitcoin broke below $78,000 shortly after, per QCP’s analysis. The macro environment that greeted the breakdown was unforgiving. US 10-year Treasury yields sit at 4.62% and the 30-year at 5.14% — fresh cycle highs. USD/JPY has pushed into the 158–159 range, approaching the 160 level where Bank of Japan intervention risk and yen-carry unwind fears historically intensify. Equities pulled back. Oil prices rose. CPI ran hot. Markets now price a 50% to 60% probability that the Fed’s benchmark rate will be 25 basis points higher by January, per QCP’s assessment — a material shift in rate expectations that makes risk assets broadly less attractive. The One Bright Spot For Not everything moved in the same direction. Nine assets still recorded meaningful inflows above $1 million, suggesting CLARITY Act legislative progress cushioned the broader risk-off tone at the margin, per CoinShares. XRP led altcoin inflows at $31.8 million, followed by Solana at $7.7 million, Near Protocol at $9 million — notable given its $74 million total AuM — Sui at $2.9 million, and multi-asset products at $4.7 million. The selective nature of the altcoin inflows points to a market where investors are rotating toward specific narratives rather than exiting crypto entirely.   Crypto market records spike in outflows across its digital investment products. Source: CoinShares QCP’s near-term outlook is cautious but not catastrophic. Until clearer tariff resolution or US-Iran headlines emerge, crypto is likely to remain in a grinding range, per the firm’s note. Front-end volatility spiked on the breakdown but is already being faded — and call overwriters may soon return to pin spot near current levels. The key scheduled events this week — FOMC Minutes on Wednesday, NVIDIA earnings the same day, and Flash PMIs on Thursday — each carry the potential to shift the macro narrative in either direction. This development marks a critical juncture for the Bitcoin near-term price trajectory. Two consecutive weeks of outflows totaling $2.54 billion, arriving just as technical support has faded and macro headwinds are building, is the kind of setup that tests the conviction of institutional holders who entered on the way up — and the next few sessions will determine whether that conviction holds. Related Reading: Dogecoin Must Hold This Level To Avoid Drop To $0.088, Analyst Says As of this writing, Bitcoin trades at around $82,000, attempting to stabilize above the $78,000 level that broke last week as the market awaits the macro catalysts that QCP and CoinShares both identify as the next directional trigger. Cover image from Grok, BTCUSD Chart from Tradingview

As Bitcoin (BTC) recovers from its recent drop below the $75,000 support, some market observers outline the key levels that will define the direction of the flagship crypto’s next major move. Related Reading: Dogecoin Millionaires Are On The Move Again, Here’s What They’re Doing Now Bitcoin Between Two Crucial Levels Over the weekend, Bitcoin fell roughly 4.5% amid geopolitical tensions, reaching a one-month low of $74,289 before recovering. On Monday, the leading cryptocurrency surged another 1.6%, jumping back above $77,000. Amid this performance, Ali Martinez outlined two crucial price levels that will determine whether BTC “launches into its next major expansion phase, or if it extends its current value reset to offer a premier buying opportunity.” The analyst explained that Bitcoin has been in a consolidation phase since the February crash, moving within a channel throughout this structural reset, allowing the market to build liquidity “before its next definitive move.” Notably, BTC is near the upper boundary of its channel following a recent rejection at the crucial $82,500 resistance. Martinez noted that buyer conviction has been aggressively scaling up as the price tests this level, with derivatives traders heavily positioning for a breakout, and funding rates recently hitting 0.4%, the highest level in over two months. He previously explained that when funding rates climb this high, it signals that the derivatives market is “completely dominated by aggressive buyers,” and “traders are willing to pay a hefty premium just to maintain their long positions” as the predominant market bias remains significantly tilted toward an upcoming expansion. Meanwhile, on-chain data shows that some of the largest whales have been using this tight range to “rebalance their portfolios,” redistributing over 18,447 Bitcoin, worth roughly $1.42 billion. “This supply consolidation has placed BTC between resistance at $78,258 and support at $75,733,” he stated. Therefore, reclaiming this resistance could trigger a rally to $84,569, while losing the key support could send Bitcoin to $66,898. More Pain To Come? Other market observers also highlighted the $75,000 and $78,000 as the crucial levels in the short and mid-term. Daan Crypto trades emphasized that the Bitcoin bull market support band is currently between these levels. As BTC has failed to hold the upper boundary of this band as support for two consecutive weeks, Daan affirmed that bulls “need to keep holding (…) to keep this short/mid timeframe momentum in their favor.” He previously warned that falling below the $75,000-$76,000 area and weekly closes below it would suggest that the April-May recovery rally was “just a big deviation/dead cat bounce.” Meanwhile, Merlijn The Trader noted that Bitcoin has been rejected from the 200-Day Moving Average (MA). According to the post, this is the same level that capped the 2022 bull trap, which led to a 40% correction from that area. Like the other analysts, he affirmed that losing the $75,000–76,000 zone would accelerate the move to new lows, with an initial target of $67,000, where a CME Gap is located. He also pointed out that BTC’s tops tend to end the same way: three bumps on the 21-week SMA followed by the market lows Related Reading: HYPE Rally Accelerates Above $60 As High-Profile Whale Quietly Builds His Position The trader observed that after reaching its $69,000 cycle peak in 2021, Bitcoin retested the 21-week SMA on three occasions during its correction before reaching its bear market bottom. This time, BTC has retested this key indicator twice, suggesting that another drop to the “real bottom,” near $50,000, could follow in the coming months, if history repeats. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin’s recent drop below key support may have been more than just a bearish breakdown. As price quickly recovers important levels and market structure remains intact on higher timeframes, the move could have been a classic fakeout designed to shake out weak hands before the next major rally begins.  Bitcoin Fakeout Below Key Support May Have Trapped Weak Hands According to Cryptic Trades, Bitcoin’s recent price action involved a brief deviation below a critical high-timeframe support range, a move that aligns closely with the bottoming structure established in April 2025. This technical breach appears to be a calculated market maneuver, functioning primarily as a fakeout intended to flush out overleveraged positions, not long-term investors. Related Reading: Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus These recurring liquidity sweeps serve a specific purpose: they are designed to trigger long-side stop-losses before a more structural reversal can take hold. As market conditions evolve over the coming days, the analyst is monitoring one final key Point of Interest (POI) before systematically scaling out of active hedges. Despite the successful recovery and subsequent reclaim of the high-timeframe support zone, the asset has yet to overcome the 1D Bull Market Support Band situated near the $78,500 level. Historically, this band has functioned as a robust reversal zone over the past several months, making it the primary technical hurdle that bulls must clear to demonstrate genuine strength. Should the price reclaim the $78,500 threshold, the outlook would shift to a full bullish bias on the lower timeframes, confirming the recent dip as a mere tactical fakeout rather than a deeper correction. For now, the analyst maintains a cautiously bullish stance, awaiting a more durable continuation to the upside. Bitcoin Buy Signal Remains Active Despite Market Volatility Lourenço VS reflected on the performance of a trading strategy, noting that a custom indicator has remained steady since triggering a buy signal. The expert designed this tool specifically to avoid getting trapped by the choppiness of false signals. As the system patiently navigates through these minor fluctuations, Lourenço is maintaining a position with confidence. Related Reading: Bitcoin Recovery Above Key Cost Basis Level Fails As BTC Falls Under $77,000 Another weekly candle has successfully closed above the mid-Bollinger line. Market skeptics continue to draw parallels between current conditions and the spring and summer of 2022, but the comparison is fundamentally flawed because it never occurred during that period. Even with recent price pullbacks and inevitable volatility, the market continues to post consistent 3-day candle closes above the crucial bull market support band. This ongoing resilience at such a key technical level serves as a strong indicator that the fundamental trend remains firmly tilted to the upside. While the skeptics refuse to acknowledge the incoming momentum, the market seems to be coiling up for its next significant move. Featured image from Getty Images, chart from Tradingview.com