Day: May 10, 2026

Bitcoin ($BTC) is approaching two major resistance zones that could determine its next market direction, according to cryptocurrency analyst Michael van de Poppe. In an X post on May 9, the analyst identified the first key resistance area between $86,000 and $88,000, while the second and more significant zone sits between $93,000 and $95,000, aligning

Bitcoin hovered near $80,901 on May 10, 2026, just after 8 a.m. ET, while maintaining a broader bullish market structure across the daily, four-hour, and one-hour charts. With price action trapped between stubborn resistance and resilient support, traders are watching bitcoin behave like a caffeinated cat pacing near a closed door, clearly plotting its next

Bitcoin ($BTC) may head into next week’s US inflation report with less support than it had during the last two CPI releases, raising the risk of a pullback toward $70,000. Key takeaways: Cleveland Federal Reserve nowcast projects April headline CPI to rise to 3.56% year over year. $BTC’s rising wedge pattern could trigger a decline

Bitcoin ($BTC) eyed $81,000 into Sunday’s weekly close as traders saw a fresh support retest next. Key points: Bitcoin preserves $80,000 over the weekend, but traders are waiting for a dip to retest a familiar chart feature. Continuation higher remains the overall consensus for what happens afterward. US CPI data is due out, with Bitcoin

Bitcoin continues to trade within a broader recovery structure following the strong rebound from the $60K region. However, despite the recent bullish momentum, the market has been struggling to reclaim a decisive resistance zone at the $80K region, where the next major directional move is likely to emerge. Bitcoin Price Analysis: The Daily Chart On

A large-scale infrastructure anomaly has been detected in Bitcoin’s P2P network, potentially representing hidden preparation for a technical attack. Starting on April 9, 2026, the chart tracking unsolicited network messages (ADDR) showed a vertical spike: the number of fake and unreachable node addresses surged from a baseline of 50,000 to more than 250,000 per day.

Bitcoin recently managed to reclaim the $80,000 level, but the bulls are not out of the woods yet. Some traders might be too complacent to ignore the bullish trend: $BTC has never recorded three bearish trends during a bear market. For now May remains in the red, but the bulls are on a very fragile

The Morgan Stanley Bitcoin Trust completed its first month of trading without a single day of net outflows, providing an early test case for how a Wall Street bank’s brand, pricing, and distribution network can alter the competitive landscape of the digital-asset market. The product, trading under the ticker MSBT, launched on April 8 and

Bitcoin is trading near the low $80,000 zone as two charts show a major long-term setup and a short-term reclaim test. $BTC still needs a clean weekly hold above this area before the larger cup and handle target gains strength. Bitcoin Cup and Handle Chart Points to $363K Target Bitcoin is trading near $80,798 on

The jobs numbers changed the narrative on May 8 — and Bitcoin saw it first. The U.S. economy added 115,000 nonfarm payrolls in April — nearly doubling the consensus forecast of 65,000. The unemployment rate held steady at 4.3%. Average hourly earnings rose just 0.2% month-over-month, undershooting the projected 0.3%. Bitcoin dropped briefly below $80,000