Bitcoin is trading near a critical support range between $76,431 and $74,943 after failing to sustain gains above short-term resistance around $77,655 to $78,595. Analysts note that if Bitcoin holds this support zone, it could rebound toward $81,000–$82,750. However, a drop below $74,943 would weaken the short-term structure and risk pushing prices down to the low $73,000s or $71,000s, with the 2025 low near $74,500 becoming a key focus. The price is also testing important daily moving averages, including the 50-day and 100-day EMAs near $76,800, and the 200-day SMA around $80,272, which represents a higher resistance level. The weekly and monthly closes this week may set the tone for Bitcoin's direction in the coming month.
In April 2026, Bitcoin recovered over 11%, closing near $76,300 after a challenging start to the year marked by sharp declines. This rebound was driven by strong institutional inflows, ETF purchases, and improving on-chain metrics rather than retail ...
The Bhutanese government recently transferred $7 million worth of Bitcoin to a SegWit address, suggesting a potential sale or transfer. Since early 2026, Bhutan has moved over $237 million in Bitcoin to SegWit addresses, which offer lower fees and be...
Anthony Pompliano, CEO of Professional Capital Management, highlighted the importance of gold and Bitcoin as safeguards against the weakening of the US dollar. He warned that dollar debasement could lead to inflation, hurting savers and potentially t...
Bitcoin dominance is rising, while altcoins like XRP face bearish sentiment and technical weakness. However, XRP is attracting strong institutional inflows, with $116 million entering XRP ETFs in May, contrasting with outflows in Bitcoin and Ethereum...
Digital asset investment products experienced $1.47 billion in outflows last week, with Bitcoin funds leading withdrawals at $1.315 billion, marking the largest weekly Bitcoin exit of 2026. The outflows extend a two-week total of $2.54 billion, drive...
