Bitcoin's price peaked near $82,500 in mid-May but sharply fell to about $75,650, forming a Shooting Star pattern that signals strong selling pressure. On-chain data shows short-term holders remain unprofitable, indicating weak momentum behind the bounce. Institutional demand is low, with negative Coinbase and Korea premiums and a $1.3 billion dark pool sell order suggesting quiet off-exchange distribution. The key support at $75,400 is critical; a break below could push Bitcoin toward $70,500, reinforcing the old market adage to "sell in May and walk away."
Bitcoin has fallen to the 13th largest global asset with a market cap of about $1.5 trillion, losing ground to AI-driven tech stocks like TSMC and Broadcom, which now exceed $2 trillion in value. Since January, Bitcoin's price has declined 11%, and n...
The crypto market saw $1.47 billion in outflows last week, marking the third-largest withdrawal of 2026 amid geopolitical and economic uncertainty. Bitcoin led the sell-off with $1.315 billion withdrawn, followed by Ethereum with $223 million. In con...
Cryptocurrency markets experienced mixed price changes, with Bitcoin falling 1.58% to $75,178 and Ethereum down 0.60% to $2,067.32. Some altcoins like RAIN surged 22.65%, while others like ZEC dropped 6.54%. This volatility reflects ongoing market un...
While the S&P 500 reached new all-time highs, Bitcoin fell nearly 3% over the week and Ethereum ETFs experienced 11 consecutive days of net outflows, signaling waning investor interest in crypto despite strong equity markets. The Fear & Greed Index r...
Bitcoin's price is increasingly likely to fall below $50,000 before the end of 2026, with Kalshi predicting a 50% chance due to growing bearish sentiment among traders. The cryptocurrency has struggled to break above current levels and has seen stead...
