Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin whales keep buying as BTC dips near $77K, signaling bullish momentum ahead.

Market News
20 May 2026
FXEmpire
View Source
Bullish
pluang ai news

Bitcoin has seen a 3.6% pullback to just below $80,000, with whales accumulating over $2 billion worth of BTC in May alone. Despite recent price volatility and geopolitical tensions, on-chain data and technical signals suggest a bullish outlook, with a key weekly buy signal historically leading to strong gains. The price bounced off a critical support at $77,000, offering a favorable long trade opportunity with a 3.7x risk-reward ratio. Market indicators like rising open interest and a dovish Fed stance support the potential for Bitcoin to reach $200,000 in the mid-term.

More News

ZIM reports Q1 sales drop 30% and adjusted EBITDA down 60% amid shipping market weakness

ZIM reports Q1 sales drop 30% and adjusted EBITDA down 60% amid shipping market weakness

ZIM Integrated Shipping reported a 30% year-over-year sales decline to $1.40 billion in Q1 2026, missing expectations due to lower freight rates and an 8% drop in carried volume. Adjusted EBITDA fell 60% to $313 million with margins shrinking from 39...

Company Fundamentals
Bearish
1 hour ago
GDS beats Q1 revenue and EPS estimates but shares fall on cautious 2026 guidance

GDS beats Q1 revenue and EPS estimates but shares fall on cautious 2026 guidance

GDS Holdings reported Q1 revenue of 3.37 billion yuan ($488.1 million), beating estimates, with EPS of 10.58 yuan ($1.53) also surpassing expectations. The company saw strong data center demand driven by AI, with record net new bookings of around 200...

Company Fundamentals
Bearish
1 hour ago
BC launches Outdoor Sector Coalition to boost economy, health, and conservation of its outdoors.

BC launches Outdoor Sector Coalition to boost economy, health, and conservation of its outdoors.

A coalition of over 2,000 organizations in British Columbia has formed to support the province's outdoor sector, which is a $17 billion industry employing 80,000 people. The coalition aims to enhance health benefits, support outdoor businesses, and p...

Market News
Neutral
1 hour ago
TowneBank raises quarterly dividend by 3.7% and donates $25M to its foundation after $250M sale.

TowneBank raises quarterly dividend by 3.7% and donates $25M to its foundation after $250M sale.

TowneBank announced a 3.7% increase in its quarterly cash dividend to $0.28 per share, payable July 10, 2026, to shareholders of record on June 26, 2026. This follows the recent $250 million sale of its Resort Property Management business and a speci...

Company Fundamentals
Neutral
1 hour ago
Nvidia's Q1 2027 earnings face high expectations amid strong past beats but mixed stock reactions.

Nvidia's Q1 2027 earnings face high expectations amid strong past beats but mixed stock reactions.

Nvidia is set to report its Q1 2027 earnings with Wall Street expecting $78.8 billion in revenue and $1.77 EPS, marking record growth. Historically, Nvidia has consistently beaten revenue and EPS estimates, but recent earnings have shown that the sto...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App