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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

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.

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

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 

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

Bitcoin price started a downside correction from the $78,000 zone. BTC is consolidating and might aim for a fresh increase if it clears $78,000. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There was a break below a contracting triangle with support at $76,750 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 $76,000 levels. Bitcoin Price Faces Resistance Bitcoin price failed to clear the $78,000 resistance zone. BTC started a downside correction from the $77,809 swing high and traded below $77,500. There was a move below the 23.6% Fib retracement level of the upward move from the $74,209 swing low to the $77,809 high. Besides, there was a break below a contracting triangle with support at $76,750 on the hourly chart of the BTC/USD pair. However, the bulls are active above $76,000. Bitcoin is now trading below $77,000 and the 100 hourly simple moving average. If the price remains stable above $76,000, it could attempt a fresh increase. Immediate resistance is near the $76,750 level. The first key resistance is near the $77,200 level. A close above the $77,200 resistance might send the price further higher. In the stated case, the price could rise and test the $77,800 resistance. Any more gains might send the price toward the $78,000 level. The next barrier for the bulls could be $79,500. Downside Extension In BTC? If Bitcoin fails to rise above the $77,200 resistance zone, it could start another decline. Immediate support is near the $76,000 level or the 50% Fib retracement level of the upward move from the $74,209 swing low to the $77,809 high. The first major support is near the $75,500 level. The next support is now near the $75,000 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 – $76,000, followed by $75,000. Major Resistance Levels – $77,200 and $78,000.

On-chain data shows a net amount of Bitcoin has been flowing into Binance for 10 days now, a potential sign that investors have been looking to sell. Bitcoin Exchange Netflow Has Remained Positive For Binance Recently As pointed out by CryptoQuant author Darkfrost in an X post, investors have been depositing their Bitcoin to Binance recently. The on-chain metric of relevance here is the “Exchange Netflow,” which tracks the total amount of BTC that’s currently moving into or out of the wallets connected to a centralized exchange. When the value of the metric is positive, it means holders are transferring a net number of tokens to the platform. As one of the main reasons why investors deposit to exchanges is for selling-related purposes, this kind of trend can have a bearish implication for the asset’s price. Related Reading: Bitcoin Bull Run ‘Not There Yet,’ Warns CryptoQuant Founder On the other hand, the indicator being below the zero mark suggests withdrawals are dominating deposits on the exchange. Such a trend can be a sign that investors are accumulating, which can naturally be bullish for BTC. Now, here is the chart shared by Darkfrost that shows the trend in the Bitcoin Exchange Netflow for Binance, the largest platform by trading volume, over the past ten days: As displayed in the above graph, the Binance Bitcoin Exchange Netflow has remained at a positive level throughout this window, implying net inflows have been occurring. The scale of the inflows has varied each day, but there has been an overall surge in the amount of BTC being deposited to the exchange during the last 10 days. More specifically, May 16th saw a net 378 BTC enter Binance-associated wallets, while today the same figure has risen to 1,190 BTC. This means that inflows have more than tripled over the period. “The largest single day recorded over 3,600 BTC on May 18th, a relatively high level for a single day that clearly illustrates the intensity of the movement,” noted the analyst. Related Reading: Not Bitcoin: US Government Bets $2 Billion On Quantum Instead The sustained deposits have meant that the Exchange Reserve of Binance (that is, the total amount of Bitcoin sitting on the platform) has followed an uptrend recently. From the chart, it’s apparent that the Bitcoin Exchange Reserve on Binance hit a low of 616,000 BTC on April 24th. The metric has since surged to 632,000 BTC, suggesting a net inflow of 16,000 BTC into the exchange. “When inflows become dominant and consistent on a platform like Binance, this is traditionally interpreted as a potential sell signal,” said Darkfrost. BTC Price At the time of writing, Bitcoin is trading around $77,400, unchanged from one week ago. Featured image from Dall-E, chart from TradingView.com

Crypto pundit Ardizor has alleged that several crypto firms appear to be dumping Bitcoin, which is why the BTC price keeps crashing. The leading crypto had crashed over the weekend but is now recovering on hopes of a U.S.-Iran deal. Why The BTC Price Keeps Crashing In an X post, Ardizor stated that the BTC price was dumping because crypto exchanges Binance, Coinbase, and Bybit, along with whales and Wintermute, were selling millions of BTC. He claimed that they have sold over $2 billion worth of BTC and further alleged that it was a “pure, coordinated dump,” which usually comes after the U.S. market opens.  Related Reading: Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic The pundit cited on-chain flows from these crypto exchanges’ hot wallets as evidence that they were dumping Bitcoin. The latest dump in the BTC price came over the weekend, with the leading crypto falling below $75,000 after the SEC was reported to have delayed its decision on tokenized stocks due to regulatory concerns. Bitcoin also dropped as market participants further priced in the possibility of a Fed rate hike this year.  However, the BTC price is recovering again following the crash below $75,000, on the back of optimism that the U.S. and Iran may be nearing a deal to end the war. U.S. President Donald Trump had said over the weekend that the draft deal had been largely negotiated, signaling that they could announce a peace deal soon.  Furthermore, the BTC price and the broader crypto market are also recovering on the back of the decline in oil prices. Oil prices have dropped after Trump said the Strait of Hormuz will reopen under this deal, a move that could also ease inflationary pressures.  What’s Next For Bitcoin Crypto analyst Ted Pillows noted that the BTC price closed above $75,000, and now the key zone to reclaim is between $77,500 and $78,000, with a rally towards the psychological $80,000 zone. He warned that if Bitcoin fails to hold above $78,000, it will likely sweep the $75,000 zone again.  Meanwhile, crypto analyst Max noted that many low-leverage long liquidations were wiped out on the BTC price decline below $75,000. He stated that this now leaves only one decent cluster below, which will get swept if the price takes out the previous low at $74,200. At the same time, he pointed to another cluster around the $80,000 mark.  Related Reading: Bitcoin Price Breaks 14-Year Support For The First Time In History, Analyst Predicts $50,000 Target The analyst acknowledged that a retest of the $80,000 range was still possible from a liquidity perspective, but that the current market structure favors another sweep lower. In line with this, Max said he expects the liquidity below to be taken out this week, unless the BTC price prints a higher high, invalidating the bearish structure.  At the time of writing, the Bitcoin price is trading at around $77,300, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Bitcoin is struggling to push above $78,000 as the market faces uncertainty that has made directional conviction difficult to sustain. The price is grinding. Not breaking down catastrophically, but not advancing either. A CryptoOnchain report combining US Spot ETF flow data with Binance on-chain metrics has identified a structural divergence beneath the surface. Explaining why the recovery has stalled at precisely the moment it should be building momentum. Related Reading: FET Exchange Supply Is Quietly Disappearing – Discover Why Traders Are Watching Closely The report’s opening finding is the most alarming available in the current market structure. Over the past two weeks, US Spot Bitcoin ETFs have recorded net outflows exceeding $1.74 billion. The institutional bid that drove the most significant phase of Bitcoin’s recovery from the cycle lows has not simply paused — it has reversed. Wall Street is not buying the dip. It is selling into whatever strength the market produces. The Coinbase Premium Gap confirms the institutional withdrawal with independent evidence. The premium — which measures the price difference between Coinbase and offshore exchanges and functions as the most direct available gauge of US institutional spot demand — has crashed by 948% on a 90-day comparison, falling deep into negative territory. Two separate data points, measuring the same phenomenon from different angles, arrive at the same conclusion simultaneously. The institution that was buying Bitcoin is no longer buying Bitcoin. What CryptoOnchain has identified is who stepped in to take the other side of that exit — and the answer is the most alarming element of what the data is currently showing. Four Data Points That Show Who Is Selling The CryptoOnchain report traces exactly where the $1.74 billion in institutional supply is going after it leaves the ETF structure. Binance BTC Netflows have surged 425% above the 90-day baseline — a massive wall of spot supply arriving on the world’s largest exchange simultaneously. The composition of that supply adds the detail that removes any ambiguity about who is selling: coins aged six to twelve months are moving at a rate 450% above their historical baseline — the classic on-chain fingerprint of holders who accumulated during last year’s recovery and are now taking profits as institutional demand evaporates beneath them. The Great US Bitcoin Exodus | Source: CryptoQuant The dry powder that would be needed to absorb the incoming Bitcoin supply is not there. Supply is arriving. Buying power is leaving. The imbalance between those two flows is the structural condition that precedes forced price adjustment. The retail positioning data completes the picture — and it is the most alarming element of the four. Despite $1.74 billion in ETF outflows, a Coinbase Premium in deep negative territory, and a network valuation metric that has spiked 1,900% above baseline, Binance Funding Rates remain structurally positive at 434% above the norm. Retail traders are paying a premium to stay leveraged long in a market where institutional spot demand has collapsed, supply is flooding exchanges, and buying power has evaporated. The CryptoOnchain conclusion is direct. Heavy ETF outflows, shrinking stablecoin liquidity, and crowded retail longs have historically created the conditions for severe downward liquidation cascades. The structure is in place. The trigger — a return of institutional buying through positive ETF flows and a recovering Coinbase Premium — has not yet appeared. Related Reading: Kevin Warsh’s Fed Era Could Change Bitcoin Forever – Here’s The First Signal To Watch Bitcoin Consolidates Below $78K Bitcoin continues consolidating below the critical $78,000 resistance zone after failing to sustain momentum above the May highs near $82,000. The daily chart shows a market caught between weakening bullish momentum and still-active buyer support, creating a tightening structure that increasingly resembles a decision point rather than a stable consolidation. Bitcoin struggling below $78K level | Source: BTCUSDT chart on TradingView Technically, BTC remains above the 50-day moving average near the $75,000 region, which is currently acting as the market’s primary short-term support. Buyers have repeatedly defended this level during the recent pullback, preventing the price from revisiting the broader demand zone between $71,000 and $73,000 highlighted on the chart. That area now represents the most important structural support for the current recovery trend. Related Reading: Chainlink Sees Historic On-Chain Surge While Exchange Supply Keeps Shrinking – Details However, the inability to reclaim the descending 200-day moving average near the low-$80,000 region continues to limit upside expansion. Bitcoin briefly pushed into that resistance area earlier this month before sellers aggressively absorbed the breakout attempt, triggering a retrace back toward current levels. As long as BTC holds above $75,000, the broader recovery structure remains intact. But losing that level decisively would likely expose the market to a deeper correction toward the $71,000 support range. Featured image from ChatGPT, chart from TradingView.com 

Bitcoin’s latest price action has run into a technical wall, and crypto analyst Merlijn The Trader believes the rejection could become more serious if one nearby support level fails. Particularly, technical analysis shows that the price action looks uncomfortably close to a crash under $76,000. Bitcoin’s 200-Day Moving Average Has Become The First Major Rejection Zone Bitcoin reached $82,400 on May 6 before stalling at the 200-day moving average, pulling back to as low as $74,000 during the most recent weekend. Merlijn’s chart analysis compares this current 2026 setup on the daily candlestick timeframe with Bitcoin’s 2022 structure.  Related Reading: What Goldman Sachs Dumping Its XRP Stash Means For Holders Looking at the 2022 example, Bitcoin pushed into the 200-day moving average around $48,000 in early April, failed to hold that level, and then continued lower until the price fell to as low as $28,000 in May. That move turned out to be a decline of about 40% from the rejection area. The current chart shows a similar technical idea, although the price levels are different. Bitcoin recently attempted to recover into $80,000 in the middle of May, but the red 200-day moving average acted as a ceiling. The rejection from that zone has placed the focus on the short-term support around $76,000, which Merlijn identified as the level to watch. If $76,000 breaks, then Bitcoin could play out a price action similar to the 2022 one. Bitcoin Price Chart. Source: @MerlijnTrader On X Losing $76,000 Could Speed Up Drop Below $67,000 According to analysts at K33 Research, Bitcoin’s rejection at the 200-day moving average mirrors patterns seen during previous market cycles in 2014, 2018, and 2022.The most important level for Bitcoin bulls to hold now is $76,000. A move below $76,000 would weaken the pattern because it would erase the higher-low structure that formed after Bitcoin’s push from the mid-$70,000 range in May. “Lose it, the move accelerates,” the analyst said. Related Reading: Pundit Predicts What Will Happen To XRP When Exchanges Run Out Of Supply If $76,000 breaks, Merlijn has a clear first downside target: the $67,000 CME gap. CME gaps form because Bitcoin is always trading continuously on crypto exchanges even on weekends, but CME futures pause during weekends and market closures. A gap can appear on the chart when futures reopen at a different price from where they closed, and most of the time, this gap always acts as a price magnet.  Right now, Bitcoin is trading at $77,233, which means it has not confirmed the bearish follow-through Merlijn is warning about. However, as long as Bitcoin keeps trading below the 200-day moving average and keeps pressing against $76,000, then there’s a possibility that it will fall to the $67,000 CME gap. On the other hand, a reclaim of the $79,000 to $80,000 range this week would reduce the immediate risk of a crash to $67,000. Featured image created with Dall.E, chart from Tradingview.com

Ethereum is losing ground inside one of America’s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs and indirect treasury exposure. Ethereum Retreats, Bitcoin Expands The latest 13F filing from Bank of America paints a clear picture of where institutional conviction is shifting. While the bank still maintains exposure across several crypto-related products, recent reports indicate that Bitcoin now dominates its digital asset strategy by a wide margin. Related Reading: Bitcoin Upper Trendline Resistance Is Holding Price Back, Can It Push It Below $60,000? Analyst Answers At the center of that move is BlackRock’s iShares Bitcoin Trust (IBIT), which became the bank’s largest crypto holding after a substantial increase during the quarter. Regulatory documents show Bank of America lifted its IBIT exposure to roughly $37 million, making the ETF responsible for nearly 70% of the bank’s crypto investment portfolio while holding 972,590 shares of the fund. At the same time, exposure tied to Ethereum products moved in the opposite direction. The filing reflected a reduction in Ethereum-linked allocations alongside cuts to Solana-related investment products. Smaller holdings connected to XRP and Solana ETFs also appeared in the disclosure, though the bank’s allocation toward those products remained comparatively limited. Rather than spreading capital evenly across the digital asset market, the portfolio changes suggest Bank of America is concentrating on Bitcoin as the preferred institutional-grade crypto asset.  Moreover, the bank also maintained positions in Fidelity’s FBTC, Bitwise’s BITB, and several Grayscale Bitcoin products. However, none came close to the scale of the IBIT allocation, reinforcing Bitcoin’s growing dominance within the institution’s crypto strategy. Wall Street’s New Favorite Trade Bank of America’s repositioning did not happen in isolation. Across Wall Street, major financial firms are quietly increasing Bitcoin exposure even as broader crypto markets remain volatile. The filing also revealed that Bank of America owns nearly 3.96 million shares of MicroStrategy, a position valued at roughly $660 million. Because the software company continues accumulating Bitcoin as its primary treasury reserve asset, the investment gives the bank another layer of indirect Bitcoin exposure beyond ETFs alone. Related Reading: The Last Time Bitcoin Printed This Ugly Candle, It Tanked; Now It Has Returned Other financial giants are moving in a similar direction. Morgan Stanley reportedly holds one of the largest spot crypto ETF portfolios among traditional banks, with more than $1 billion tied to regulated digital asset products. Goldman Sachs has also maintained sizable positions in BlackRock’s IBIT alongside Fidelity’s FBTC fund, while JPMorgan expanded its crypto-related exposure during the quarter despite CEO Jamie Dimon’s well-known skepticism toward Bitcoin.  Together, these portfolio moves point to a broader shift taking shape across traditional finance, where regulated Bitcoin investment vehicles are drawing deeper interest from banks, asset managers, and hedge funds. Bank of America’s latest filing ultimately fits squarely within that pattern, underscoring how Bitcoin is increasingly becoming the centerpiece of Wall Street’s crypto playbook. Featured image created with Dall.E, chart from Tradingview.com

Bitcoin price started a recovery wave above the $76,500 zone. BTC is consolidating and might aim for more gains if it clears the $77,450 resistance zone. Bitcoin managed to form a base above $76,000 and started a recovery wave. The price is trading above $76,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $77,450 zone. Bitcoin Price Eyes Fresh Gains Bitcoin price remained supported above the $75,000 zone. BTC formed a base and settled above $76,200 to start a recovery wave. There was a move above the $76,500 and $76,600 levels. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $78,100 swing high to the $74,209 low. However, the bears are active near $77,000. There is also a bearish trend line forming with resistance at $77,050 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $76,500 and the 100 hourly simple moving average. If the price remains stable above $77,050, it could attempt a fresh increase. Immediate resistance is near the $77,450 level or the 83.2% Fib retracement level of the downward move from the $78,100 swing high to the $74,209 low. The first key resistance is near the $78,000 level. A close above the $78,000 resistance might send the price further higher. In the stated case, the price could rise and test the $79,000 resistance. Any more gains might send the price toward the $81,500 level. The next barrier for the bulls could be $82,000. Another Decline In BTC? If Bitcoin fails to rise above the $77,450 resistance zone, it could start another decline. Immediate support is near the $76,150 level. The first major support is near the $75,650 level. The next support is now near the $76,000 zone. Any more losses might send the price toward the $75,000 support in the near term. The main support now sits at $74,200, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $76,150, followed by $75,650. Major Resistance Levels – $77,450 and $79,000.

After a terrible start to the weekend, the Bitcoin price jumped back to life on the back of news of a potential agreement between the United States and Iran. However, ignoring the potential impact of fresh geopolitical news or events, the current price structure suggests that new investors would be catching a falling knife. According to a chart highlighted on the X platform, the Bitcoin price appears bound for a drop to around $72,000, at least in the short term. BTC Price Trading In Ascending Channel Pattern Prominent chartist Aksel Kibar took to the social media platform X to share an interesting layout of the Bitcoin price, suggesting the coin might be on its way down to around $72,500. This highlighted chart shows the formation of an ascending channel on the BTC daily timeframe over the past few months. Related Reading: Key Volume Signals Are Driving XRP Momentum Amid Market Uncertainty For context, an ascending channel is a technical analysis pattern characterized by two major (upward-sloping) trendlines: the upper line connecting the higher highs and the lower line connecting the higher lows. Within this framework, the upper boundary acts as resistance while the lower trendline provides a support cushion to the asset’s price (i.e., Bitcoin price). Typically, an ascending channel shows the persistence of an upward trend, with the Bitcoin price forming multiple higher highs and higher lows since February. However, the premier cryptocurrency recently formed a swing high around $82,500 and is currently undergoing a retracement that could see its value fall to as low as $72,500. What to watch is what happens at the lower boundary if the Bitcoin price does fall to $72,500 over the next few days. On an optimistic note, the flagship cryptocurrency could bounce back and forge back towards the upper trendline if this highlighted support level holds strong. In this case, the resistance region to watch would be just above $86,000, where there would likely be a confluence of the 365-day moving average and the upper boundary line. The market leader could enjoy further significant upside if the Bitcoin price breaks above this resistance region. However, there is also a chance that the BTC price could lose the $72,500 support, which could trigger a wave of bearish pressure. If this scenario plays out, the premier cryptocurrency could fall as low as $60,000, where Kibar thinks a short-term reversal could form. In any case, Kibar noted that he would only consider entering a long position above the 365-day moving average, a major indicator of the start of a bull market. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $76,762, reflecting a 2% jump in the past 24 hours. Related Reading: What The Bitcoin Transaction Volume Crashing Could Do To The Price Featured image from iStock, chart from TradingView

The price of Bitcoin seemed set for another round of pain over the weekend after falling below the psychological $75,000 level on Saturday morning. However, the premier cryptocurrency has somewhat recovered and is looking to reclaim $77,000 as of this writing. At the same time, an increase in the supply of Bitcoin’s long-term investors was also observed on the day, although the signal might not be what it seems. Here’s Why BTC LTH Supply Data Is Skewed In a recent post on the X platform, pseudonymous analyst Darkfost revealed a surge in the Bitcoin supply held by long-term holders (LTH) over the past few days. However, this supposed rise in LTH activity might not be as relevant to BTC’s growth as the data would ordinarily suggest. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder Highlighting data from CryptoQuant, Darkfost shared that the long-term holder supply has increased from 15 million to 15.8 million BTC over the past two days. The on-chain analyst noted that this metric is among the numerous data points affected by Coinbase’s movement of roughly 800,000 BTC in November 2025.   Between November 22nd and 23rd, the US-domiciled crypto exchange shuffled 800,000 BTC (worth nearly $70 billion, at the time) between its internal wallets. As Darkfost mentioned, this maintenance transfer destroyed old LTH UTXOs (unspent transaction outputs) and created new but skewed Bitcoin datasets. The crypto analyst wrote on X: As a result, datasets across multiple platforms incorporated this movement, affecting UTXO-based metrics, age and value cohorts, STH/LTH cost basis, realized value, volumes, and more. Saturday, May 23rd marked six months since the Bitcoin transfer, with the moved BTC now fully transitioned from the short-term holder (STH) to the long-term holder supply. Typically, an increase in LTH supply signals increased accumulation and a growing conviction among the most seasoned crypto investors. However, market participants might want to exercise caution when making decisions with this on-chain signal, considering that it does truly reflect an increase in investor demand. What’s Next For Bitcoin Price? In a separate post on the X platform, Darkfost identified the next major resistance level for the Bitcoin price. Highlighting the STH cost basis, the analyst said that this resistance currently sits just above the $80,000 mark. According to Darkfost, the short-term investors seem to be choosing to cut their losses rather than holding for a reversal, as evidenced by resistance the Bitcoin price faces at their average cost basis. Hence, the premier cryptocurrency needs a sustained break above the $80,000 ceiling for its recovery journey to continue. As of this writing, BTC is valued at around $76,490, reflecting a 1% price increase in the past 24 hours. Related Reading: What The Bitcoin Transaction Volume Crashing Could Do To The Price Featured image from iStock, chart from TradingView

Bitcoin is showing increasing signs of weakness as bearish pressure continues building below a critical technical level. With key support zones now under threat and reversal patterns beginning to take shape, BTC could be entering a decisive pullback phase that may determine the market’s next major direction.  Buyers Continue Losing Momentum As Decline Deepens Crypto analyst Kamile Uray stated that Bitcoin buyers continue to appear weak as the market faces another wave of downside pressure. The analyst explained that if BTC breaks below the key bottom at $74,929, it could confirm the completion of the final shoulder in a developing OBO structure while remaining under the previous low near $76,044. Related Reading: Bitcoin Upper Trendline Resistance Is Holding Price Back, Can It Push It Below $60,000? Analyst Answers Unless Bitcoin can achieve a decisive 4-hour candle close above $78,213, the bearish trend is likely to continue. A sustained breakdown below $74,929 could open the door for a deeper decline toward the $71,000–$68,000 region, which has been identified as a major Fibonacci support zone. Kamile Uray further explained that if stronger buying momentum eventually emerges from those lower levels, Bitcoin could attempt another recovery rally. During any upside move, the market would need to overcome resistance around $98,000, followed by the larger resistance region between $107,000 and $109,000. However, if Bitcoin struggles to maintain strength above the recent peak near $126,199, the risk of another major corrective phase would remain active. In the case of a much deeper decline, Kamile Uray emphasized that the $60,000 level stands out as a critical long-term support area that could play a major role in future market direction. Bitcoin Bullish Reversal Structure Begins Turning Bearish Another crypto analyst Merry__PT has noted that Bitcoin’s recent price action is undergoing a significant structural shift. While the market initially formed a recognizable W bottom, a classic signal of a bullish reversal, this structure is now evolving into a Head and Shoulders top, which is historically viewed as a symbol of a bearish reversal. Related Reading: Bitcoin Uptrend Remains Alive Despite Bearish Pressure Below $78,800 The most critical technical element to monitor moving forward is the blue horizontal base neckline. This support zone is acting as the foundation for both the current structure and the potential for a larger trend shift. Once this neckline is clearly defined and widely acknowledged by market participants, the Head and Shoulders formation will gain significant validity.  If the price confirms a breach below this level, the pattern is likely to transition from a mere technical observation into a genuine catalyst for a sustained pullback. Beyond this structural pivot, the upcoming monthly candle close is key, acting as a pivotal axis for gauging future sentiment and market direction. Featured image from Getty Images, chart from Tradingview.com

Bitcoin’s transaction volume is falling alongside its price. At first glance, that sounds bearish because weak activity is usually a result of weak demand, lower participation, and a lack of momentum. However, technical analysis shows the historical pattern conveys a more complicated story. Technical analysis from CryptoCon shows Bitcoin’s transaction volume strength falling close to the green low-volume band that indicated previous cycle bottoms. The falling transaction volume is also a good thing for traders looking for the cycle bottom. Bitcoin Transaction Volume Falling Into Bottoming Zone Technical analysis of Bitcoin’s volume shows that the transaction volume strength indicator, which tracks the relative weight of Bitcoin’s on-chain transaction activity against its price history, is compressing toward the low-volume zone that has reliably marked the end of bear markets. Related Reading: Bitcoin Price Breaks 14-Year Support For The First Time In History, Analyst Predicts $50,000 Target As shown in the green band at the bottom of the chart below, which is labeled as the low transaction volume area, prior crosses into this region were followed closely by important bottoms in 2015, 2018, and 2022. That is why the current decline in transaction volume cannot be read only as a negative signal. Heavy transaction activity often appears closer to cycle tops, when the market is crowded. Examples of these are shown in the chart below in 2017, 2021, and 2025. Low transaction volume, on the other hand, tends to appear when interest has faded, which is a good sign. However, according to crypto analyst CryptoCon, Bitcoin is not quite in cycle bottom territory, and the difference does matter. In 2014, it spent 10 months at these same levels in the channel. The issue is that “close” is not the same as “confirmed.” Bitcoin may be entering the part of the cycle where sellers are getting tired, but the data does not yet show the kind of final reset in previous long-term bottoms. What This Could Do To The Bitcoin Price The immediate implication is that the Bitcoin price may stay vulnerable in the short term. There are also other data points converging in that direction, but they have not yet aligned. For instance, the MVRV Z-Score, a metric that has always marked cycle tops and bottoms, shows that the bottom is not in yet. Related Reading: The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom? When the price is falling, and transaction volume is also shrinking, it often shows that buyers are not yet stepping in with enough force to reverse the trend. This lines up with recent market developments, with Bitcoin down by 3.7% in the past 24 hours and trading at $74,520 at the time of writing. First, the Bitcoin price may continue to lower or remain under pressure. Then, once transaction volume reaches the deeper low-volume band and stays there long enough to confirm exhaustion, the setup could begin to look more like a cycle bottom within one month. Featured image from Getty Images, chart from Tradingview.com

Since the past week, the Bitcoin price has traded below the cost basis of one of its most reactive investor groups. Based on recent on-chain information, the world’s largest cryptocurrency might face further trouble if its price fails to reclaim this crucial level. Related Reading: Bitcoin Upper Trendline Resistance Is Holding Price Back, Can It Push It Below $60,000? Analyst Answers Bitcoin’s Drop Under $80,000 Drives Realized Losses Upwards  In an X post on May 22, Axel Adler Jr. analyzes Bitcoin’s struggle to reclaim its Short-Term Holder (STH) Realized Price. The crypto analyst identifies this level at around $80,000 (specifically $80,217). For context, the STH Realized Price tracks the average acquisition price of newer BTC investors. When Bitcoin trades below this threshold, it often means that many of its short-term holders are holding unrealized losses, thereby increasing selling pressure. Notably, Axel Adler Jr. points out that these realized losses have risen across the Bitcoin market. The pundit reports that the Net realized profit is now roughly –$176 million, arising from the difference between $366 million in realized losses and $190 million in realized profits among Bitcoin short-term traders. Adler notes that as long as Bitcoin remains below the STH cost basis, future market rebounds would be mere unconfirmed or temporary retracements. Simply put, these temporary price recoveries below the $80,217 threshold might be relief rallies rather than actual signs of a broader trend reversal.  Hence, before market participants can judge Bitcoin to be displaying bullish intent, the price has to break clearly above the former STH support that might now resist the expansion of Bitcoin’s price. This is because, as the price approaches the STH breakeven (realized) price, investors become more likely to exit their positions, thereby adding bearish pressure. Related Reading: Ethereum Price Eyes Breakout Move, Traders Watch Key Resistance Closely Coinbase Records Highest Selling Pressure Since February In another X post, Maartunn reveals that Coinbase is seeing one of the strongest waves of bearish pressure since February. The relevant indicator here is the Coinbase Premium Gap, which primarily tracks buying and selling activity among US-based investors. According to the chart shared by Maartunn, the Coinbase Premium Gap has dropped deeply into negative territory, coinciding with Bitcoin’s latest price weakness. When the premium turns positive, it generally signals stronger buying activity on Coinbase. However, a negative reading typically reflects increased selling pressure or weakening demand from US investors. Interestingly, strong negative Coinbase premium readings, such as those currently seen, have often appeared during corrective phases or periods of short-term fear. However, these can also precede the establishment of local bottoms if selling exhaustion begins to emerge. As of this writing, Bitcoin stands at a $75,514 valuation, down 2.56% since the past day. Featured image from Forbes, chart from Tradingview.com

Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300.  Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom out without first touching the EMA300. He noted that BTC has never bottomed without touching this level, as it did in 2020 and 2022, when it tagged the weekly EMA300 right before the cycle low. Specifically, Bitcoin’s bottom came 10% below the EMA in 2020 and 15% in 2022.  Related Reading: Bitcoin Is Repeating This Midterm Pattern That Sends Price Tumbling 15% On Average The analyst noted that in this cycle, the Bitcoin price bounced from $60,000 without ever reaching the EMA, suggesting the real bottom isn’t in. He added that if the pattern repeats, BTC must drop to around $58,000, marking the last bottom in this bear cycle. In another X post, the analyst indicated that BTC was mirroring the price action during the 2022 bear market.  This came as he revealed that the Bitcoin price had just rejected the 200MA, a move that also occurred in 2022. He explained that this confirms the bearish macro structure after BTC tagged the 200D MA again at $82,000. As such, if the 2022 pattern repeats, the leading crypto must drop 40% to 60% from the rejection point. He added that this means that the real cycle bottom must be around the $50,000 to $55,000 range.  Bitcoin is once again in a downtrend after failing to hold above the psychological $80,000 level. This comes amid bearish catalysts such as the US-Iran war, rising inflation, and bets of a Fed rate hike this year. BTC’s latest decline came after the SEC delayed its approval of tokenized stocks.  The Plan Remains The Same For BTC Crypto analyst Kaleo declared that the plan remains the same for the Bitcoin price despite traders on Kalshi betting against a rally to $100,000 this year. He urged market participants to zoom out and be more bullish. As for what could happen, he predicts a retest in the lower $70,000 range, then a rebound to between $80,000 and $90,000, and a range there for the summer.  Related Reading: If You’re Looking To Bitcoin Above $90,000, This Analyst Says To Watch This Bearish OB Level Once that happens, the analyst predicts that the Bitcoin price will then rally above $100,000 and reach a new all-time high (ATH) in the fall and winter. Notably, the CLARITY Act could pass between now and then, which could spark a massive rally for the leading crypto.  At the time of writing, the Bitcoin price is trading at around $75,400, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

After a steep downturn in early February, the Bitcoin price saw a significant turnaround over the following two months. While the month of May initially continued on this positive note, the premier cryptocurrency seems to have cooled off over the past week — aligning with BTC’s track record of not registering three consecutive months of positive price action during a bear-market year. Interestingly, recent on-chain observations suggest that trouble might be brewing for the Bitcoin price, at least in the near term.  Could The Bears Take Over The Bitcoin Market Again? In a new post on the X platform, crypto analytics firm Bitcoin Vector explained that the current waning bullish momentum might be a more damning signal for Bitcoin than it is perceived to be. According to the market intelligence firm, BTC’s price momentum doesn’t have to turn deeply negative before investors pay attention. Related Reading: Bitcoin Price Breaks 14-Year Support For The First Time In History, Analyst Predicts $50,000 Target Bitcoin Vector highlighted that the Glassnode momentum indicator, which measures the speed and strength of price movements (in a specific direction) within a period, has witnessed a sharp downturn in recent days. The analytics platform noted that while the focus would be on the momentum turning negative, the +0.5 mark is the level to watch. According to Bitcoin Vector’s analysis, price momentum crossing below +0.5 is the first signal that the upward trend might be fading and sellers might be overtaking the market. The analytics firm revealed that the last two times the flagship cryptocurrency lost this critical level, the BTC price structure shifted. Those last two times include: October 2025, when the Bitcoin price suddenly crashed to just above $100,000, and February 2026, when the market leader fell to around $62,000. Bitcoin Vector noted that these moves were characterized by a weakened spot CVD (cumulative volume delta), a return of seller control, and a deteriorating price structure. Recent on-chain data show that price momentum remains above +0.5 — albeit at around +0.7. “But if it loses that level while Spot CVD keeps weakening, caution rises fast. That would be the first signal that deterioration is starting beneath the surface,” Bitcoin concluded. Ultimately, the world’s largest cryptocurrency seems to be at a critical juncture, with the waning price momentum potentially signaling what is to come over the next few weeks.  Bitcoin Price At A Glance As of this writing, BTC is valued at around $75,950, reflecting an over 2% price decline in the past 24 hours. Related Reading: Bitcoin Upper Trendline Resistance Is Holding Price Back, Can It Push It Below $60,000? Analyst Answers Featured image from iStock, chart from TradingView

A crypto founder and pundit recently took to the social media platform X to highlight a notable divergence between the Ethereum and Bitcoin markets. According to the analyst, the world’s leading cryptocurrencies could be nearing levels that would soon reverse their current price trajectories. Bitcoin In High-Pressure Environment As Ethereum Market Leans Neutral In a May 22nd post on the X platform, Alphractal founder and CEO Joao Wedson revealed that the Bitcoin market is currently in a state where its return efficiency is weakening relative to short-term risks. This observation is based on the negative readings on Bitcoin’s annualized Sharpe Ratio. For context, the Sharpe ratio measures how much extra return an asset (in this case, Bitcoin) generates relative to the additional risk it entails. Higher readings typically suggest stronger risk-adjusted performance, while a negative reading indicates that investors are transacting without worthwhile rewards on the table. Related Reading: Bitcoin Price Consolidates Near Lows As Market Searches For Direction Wedson noted that, while Bitcoin’s Sharpe ratio is within negative bounds, Ethereum’s stands quite close to the zero mark — a sign that the market is on almost neutral grounds sentiment-wise. In this scenario, Ethereum is neither offering strong risk-adjusted returns nor signaling extreme deterioration. Current Conditions Similar To Historical Price Bottom Precedents: Analyst While present conditions within the Bitcoin and Ethereum markets are essentially short-term, Wedson highlighted what their simultaneous prolongation would signal. According to the market pundit, extended stretches below zero have frequently coincided with several of Bitcoin’s weakest periods in terms of return-versus-risk. However, these phases have historically emerged near price bottoms. This is often where bearish sentiment, panic selling, and investor exhaustion become widespread, setting the path for new bullish pressure to eventually overcome the bears.  Nonetheless, the Alphractal founder mentioned as a caveat that the current conditions do not confirm that a bottom will be established. Instead, it merely highlights that the cryptocurrency market might soon enter zones typically associated with elevated pessimism, low reward potential, and risk stress. It is this type of highly pessimistic environment that often develops before major trend reversals play out. Until clear confirmations have thus been identified, investors and other market participants are advised to act with caution.  As of this writing, Bitcoin is valued at approximately $75,642, down by 2.5% in the past 24 hours. Meanwhile, the price of ETH stands at around $2,060, reflecting an over 3.2% in the past day. Related Reading: Solana Vs Ethereum: What’s Holding Growth Back? 3 Reasons SOL Is Still Lagging Featured image from iStock, chart from TradingView

Bitcoin is struggling below $80,000 as the market faces uncertainty that extends well beyond the usual price action concerns. The breakdown from key levels has been accompanied by a broader reassessment of the macro environment — and XWIN Research Japan has identified a structural shift at the highest level of global monetary policy that may define the conditions Bitcoin operates in for the foreseeable future. Related Reading: Chainlink Sees Historic On-Chain Surge While Exchange Supply Keeps Shrinking – Details The Federal Reserve is entering a new era. Kevin Warsh has officially taken over as Fed Chair, and the market’s attention has shifted from the immediate question of rate cuts to a more fundamental one: whether the Fed’s operating philosophy itself has changed. That distinction matters more for risk assets than any single rate decision. Warsh is not a conventional Fed Chair. He has been a long-standing critic of excessive quantitative easing and the concept of a central bank that continuously intervenes to support financial markets during periods of stress. The regime he inherits — and the one he is expected to reshape — is being read by markets as a transition from what XWIN Research Japan describes as a market-rescuing Fed toward a discipline-focused one. For previous generations of Bitcoin investors, Fed philosophy was a secondary consideration. That era has ended. ETFs, institutional allocations, hedge fund positioning, and the maturation of Bitcoin’s derivatives infrastructure have transformed BTC into a global liquidity-sensitive asset — one that now responds to shifts in financial conditions with a directness that previous cycles never required participants to account for. Three Signals That Will Tell You How Bitcoin Responds to the New Fed The XWIN Research Japan report identifies the specific on-chain indicators most likely to register the impact of the Warsh Fed before price action confirms anything. The first is the Coinbase Premium — the gap between Bitcoin’s price on Coinbase and offshore exchanges like Binance. During periods of strong US institutional spot demand, the premium stays positive. If concerns about prolonged high rates or continued quantitative tightening suppress institutional buying appetite, the Coinbase Premium turns negative first, before exchange prices reflect the reduced demand. It is the earliest available signal of whether American institutional capital is retreating or holding. Bitcoin Coinbase Premium Index | Source: CryptoQuant The second is Bitcoin Exchange Netflow. Rising inflows to exchanges typically precede selling pressure or defensive repositioning. A risk-off environment triggered by a discipline-focused Fed would likely manifest in higher exchange inflows and increased short-term holder selling — the behavioral signature of participants reducing exposure before the price fully reflects their caution. The third is the leverage structure the report has already identified as the dominant feature of Bitcoin’s current market. Rallies built on short-covering rather than genuine spot accumulation are structurally fragile — and a Fed environment that does not rescue markets removes the implicit backstop that has historically encouraged re-leveraging after corrections. The irony the report preserves is worth sitting with. A stricter central bank that refuses to rescue markets could pressure Bitcoin in the short term through tighter financial conditions and reduced institutional appetite. Over the medium term, that same strictness could strengthen Bitcoin’s fundamental appeal — a politically neutral store of value operating entirely outside the fiat system that Warsh’s discipline-focused Fed is attempting to defend. The on-chain signals will reveal which dynamic arrives first. Related Reading: XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story  Bitcoin Holds Above Key Support As Bulls Defend Recovery Structure Bitcoin continues consolidating near the $77,000 region after failing to sustain momentum above the recent $82,000 local high. The daily chart shows a market entering a critical decision phase, with price compressing between overhead resistance and a major support zone that has defined the structure of the recovery since April. Bitcoin compressed between key SMA's | Source: BTCUSDT chart on TradingView The most important technical area remains the $73,000–$74,000 range highlighted on the chart. This zone previously acted as resistance during March before flipping into support during the April breakout. Bitcoin is now retesting that region from above while the 50-day moving average rises directly underneath it, creating a confluence area bulls must defend to preserve the medium-term recovery structure. Related Reading: HYPE Accumulation Intensifies As Whale-Linked Position Surpasses $100M At the same time, the 200-day moving average near $82,000 continues acting as macro resistance. Recent rejection from that level confirms that sellers remain active whenever BTC approaches the upper boundary of the current range. The sequence of lower highs since mid-May also suggests momentum has weakened considerably following the rally from the February lows. Volume conditions have normalized after the extreme volatility seen during the February capitulation event, indicating the market is transitioning from panic-driven movement into a slower consolidation phase. Technically, Bitcoin remains constructive while trading above $74,000. Holding support could allow another attempt toward the $80,000–$82,000 region, while losing it would likely expose the broader $65,000 demand zone below. Featured image from ChatGPT, chart from TradingView.com 

A recent TradingView technical outlook suggests Bitcoin remains locked beneath a stubborn upper trendline resistance that continues to suppress bullish momentum. Despite several recovery attempts, BTC has repeatedly failed to break through the resistance zone, causing speculations that the price could push below $60,000. Bitcoin Trapped Beneath A Heavy Ceiling The TradingView chart highlights how this upper trendline has consistently acted as a ceiling for price action, rejecting Bitcoin each time buyers attempt to push higher. That resistance area also overlaps with key Fibonacci retracement levels, making it an increasingly important barrier within the current market structure. Related Reading: Pundit Predicts What Will Happen To XRP When Exchanges Run Out Of Supply Current price action appears to support that outlook. Bitcoin has struggled to sustain upside momentum and recently slipped lower after another rejection near the top of the rising formation. Attention is now shifting toward the $73,000 to $75,000 support region, which analysts view as critical for maintaining the broader bullish structure.  The setup also shows a narrowing wedge-like recovery structure developing after Bitcoin’s earlier selloff. However, rather than breaking upward decisively, BTC has started rolling over near resistance once again, signaling that the market still lacks the momentum needed to overpower the upper trendline. This weakness is already becoming visible across broader market performance metrics. Bitcoin remains under pressure on higher timeframes and has recorded losses across the weekly and 14-day charts. For bullish momentum to regain strength, analysts say Bitcoin must finally break above the upper trendline resistance with strong conviction. Until that happens, the current price action continues to reinforce the idea that the trendline ceiling remains firmly in control of the market. Can Bitcoin Crash Below $60,000? While the dominant outlook favours Bitcoin breaking the upper trendline to regain bullish momentum, analysts are not dismissing the possibility of a much deeper flush if key supports collapse. The immediate downside focus sits between $69,000 and $66,000, where another major support region intersects with the rising trendline structure from previous swing lows. A move into that range would likely represent an aggressive but technically acceptable retracement within the broader cycle. Related Reading: XRP Analyst Reveals The Real Catalysts; ‘The Price Discovery Will Be Biblical’ The more concerning scenario emerges if Bitcoin loses the $66,000 threshold entirely. According to the chart, that breakdown would invalidate the current ascending support framework and potentially trigger a broader risk-off reaction across crypto markets. In that situation, volatility could increase rapidly. Liquidity gaps below current price levels may expose Bitcoin to a sharp capitulation move capable of driving price beneath $60,000 before stronger demand returns. There is also a hint at the possibility of a panic-driven wick stretching toward the low-$50,000 region if market conditions deteriorate aggressively. For now, however, the market remains at an inflection point rather than in confirmed collapse. The behavior of buyers around the $73,000 to $75,000 area will likely determine whether Bitcoin resumes its climb toward six-figure territory or slides into a much deeper corrective phase. Featured image created with Dall.E, chart from Tradingview.com

The founder of on-chain analytics firm CryptoQuant has highlighted how the signals related to a Bitcoin bull run haven’t switched on yet. Bitcoin Bull Score Index Is Still Inside The Neutral Territory In a new post on X, CryptoQuant founder Ki Young Ju has shared the latest trend in the Bull Score Index for Bitcoin. This on-chain metric combines the data of several different indicators to give a single score for the network. Related Reading: XRP Declines 8%, But Whales Scoop Up 71 Million Tokens More specifically, the index makes use of ten metrics. Some of the popular ones part of it include the MVRV Z-Score, Trader Realized Price, and Stablecoin Liquidity. The Bull Score Index calculates its value in a simple manner: it counts up the number of metrics flashing a bullish signal for the cryptocurrency and multiplies the total by 10. When the indicator has a value greater than 60, it means more than six metrics are pointing to positive market conditions. Such a trend implies BTC may be in a bullish market phase. On the other hand, the index being lower than 40 suggests the majority of the indicators are bearish toward the asset. Now, here is the chart shared by Young Ju that shows how the trend in the Bitcoin Bull Score Index has fluctuated over the last few years: As displayed in the above graph, the Bitcoin Bull Score Index spent its days inside the red territory during Q4 2025 and Q1 2026. This means that the market was in a bearish phase from the perspective of this index. Recently, however, the recovery surge has meant that the indicator has experienced some days inside the neutral zone, corresponding to values between 40 and 60. The shift in the metric’s trend, though, may not correspond to the return of a bullish wave yet. “Once the real Bitcoin bull run begins, all signals will be very clear,” noted the analyst. “We are not there yet.” It now remains to be seen how long it will be before the Bull Score Index turns green for the cryptocurrency. In some other news, the Bitcoin supply held by the long-term holders (LTHs) has broken out of a downtrend recently, as analyst James Van Straten has highlighted in an X post. The LTHs refer to the BTC investors holding for more than 155 days ago. This cohort is considered to correspond to the diamond hands of the market. Related Reading: Bitcoin $78,000 Rebound Fizzles As Coinbase Premium Stays Red As the chart below shows, the total holdings of these investors have shot up recently. The latest surge in the Bitcoin LTH supply could mark the end of a 2.5-year long consolidation phase for the metric. “This cohort controls the market and this is why the four year cycle is over,” said the analyst. BTC Price At the time of writing, Bitcoin is floating around $77,300, down more than 4% in the past week. Featured image from Dall-E, chart from TradingView.com

Crypto analyst Phila has predicted that the Bitcoin price could see a massive decline to $55,000 after breaking a 14-year support level. This comes amid BTC’s fall below the psychological $80,000 level, with the leading crypto now at risk of dropping to new lows.  Analyst Predicts Bitcoin Price Drop To $55,000 Amid Breakdown In an X post, Phila stated that the Bitcoin price just broke a support level that has held for 14 years, noting that it had held in previous bear cycles. The analyst further remarked that this is not a dip, a correction, or a shakeout, but rather capitulation happening in real time. His accompanying chart showed that the leading crypto could drop to around $55,000 following the breakdown below the key support level.  Related Reading: Bitcoin Is Playing Out The ‘Fakeout Theory’ Again, Here’s What To Expect Meanwhile, the analyst highlighted his track record, noting that he called the $16,000 bottom in 2022 and the top for the Bitcoin price in October 2025. As such, he suggested that market participants should prepare accordingly, as his prediction of a decline to $55,000 is likely to happen.  In another X post, Phila stated that the Bitcoin price action was mirroring the 2021 price action, with the double top, lower highs, and lower lows. He noted that there was also a relief rally in 2021 that felt like the bottom, but it wasn’t the bottom, and everyone who bought BTC before the rally saw losses on the next leg down.  Similarly, the Bitcoin price is once again in a relief rally phase, with many market participants believing that the February 2026 low of $60,000 was the bottom. He added that many think that the worst is over, but that $50,000 is on the table and that his fractal hasn’t missed a single step yet.  The Key Level To Watch For Now Crypto analyst Ali Martinez said that $77,800 is the key level to watch for the Bitcoin price at the moment. This came as he alluded to a well-defined channel that has developed on the lower timeframes and that BTC has climbed to test the upper boundary of this structure around $77,800.  Related Reading: What’s The Latest With The US-Iran War And How Does It Affect Bitcoin? The analyst further predicted that a flip of this level into support could clear the path for the Bitcoin price to rally to around $79,000. However, if BTC fails to break above this level, then it could see a healthy retracement back into the channel to gather liquidity. Martinez added that the key levels to watch for a bounce are the mid-range at $76,900 and the channel bottom at $76,000.  At the time of writing, the Bitcoin price is trading at around $77,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com