hodler

20 May 2026, 02:15

Bitcoin Price Stabilizes Above $76K, Traders Await Next Major Move

Bitcoin price started a fresh decline below the $76,800 zone. BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $77,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,200 and $77,500 levels. Bitcoin Price Consolidates Losses Bitcoin price failed to stay above the $77,200 support zone. BTC remained in a bearish zone and extended losses below the $76,800 level. There was a move below the $76,500 level. The price even dipped below $76,200. A low was formed at $76,020 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $82,018 swing high to the $76,020 low. Bitcoin is now trading below $76,800 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 $77,200 level. There is also a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair. The first key resistance is near the $77,450 level. A close above the $77,450 resistance might send the price further higher. In the stated case, the price could rise and test the $79,000 resistance or the 50% Fib retracement level of the downward move from the $82,018 swing high to the $76,020 low. Any more gains might send the price toward the $80,000 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 $76,400 level. The first major support is near the $76,000 level. The next support is now near the $75,000 zone. Any more losses might send the price toward the $74,200 support in the near term. The main support now sits at $74,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing 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 $77,450.

20 May 2026, 02:01

Bitcoin Could Hit Near $95,000 If It Holds Above This Critical Support, Top Analyst Says

Bitcoin (BTC) has slipped after failing to clear a major ceiling around the $83,000 area, with the flagship cryptocurrency down nearly 5% over the past week. As of Tuesday evening, BTC was changing hands at roughly $76,750. Even with the pullback, market analyst Ali Martinez believes the current price action still leaves room for a rebound toward $94,850. Bitcoin Could Drop Toward $54,270 In a Tuesday social media post on X (previously Twitter), Martinez pointed to Bitcoin’s Market Value to Realized Value (MVRV) pricing bands, saying a move to $94,850 would represent about a 23.5% increase from current levels. However, he cautioned that this upside path depends on Bitcoin holding above a specific support level at $72,960. In his view, losing that threshold would shift the outlook and open the door to a deeper drawdown. Related Reading: Zcash, Bitcoin, And Solana—Catalysts Ahead That Could Fuel Another Upswing Before May Ends If $72,960 is broken, Martinez warned that BTC could be pulled toward the realized price near $54,270. That scenario would imply an additional 29% retracement from present prices. With that in mind, the analyst framed the $72,960 level as a key line in the sand for determining whether Bitcoin’s consolidation turns into the next leg up or extends into a more pronounced correction. Adding to the bullish outlook, Martinez also said derivatives traders are positioning as if another advance is likely. He noted that Bitcoin funding rates have climbed to 0.4%, the highest level seen in more than two months. Key Support And Resistance Walls To Watch When Bitcoin funding rates rise to that extent, it typically signals that the derivatives market is being driven by aggressive long positioning, with market participants paying a premium to keep long exposure. According to Martinez, this kind of demand can sometimes lead to quick liquidations if the market snaps downward and forces late buyers out, but it also reflects a broader bias that remains tilted toward expansion. Related Reading: Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In In another social media post issued on Monday, the analyst also highlighted additional levels to watch ahead tied to the cryptocurrency’s UTXO Realized Price Distribution (URPD) indicator. Martinez identified new resistance levels at $78,258 and $84,569. On the support side, he pointed to $75,733 and $66,898. Together with the earlier $72,960 support marker, these zones form the set of key reference points Martinez said could shape whether Bitcoin pushes higher toward $94,850 or slides toward the realized price area. Featured image created with OpenArt, chart from TradingView.com

20 May 2026, 02:00

NEAR Protocol surges 11% – Will $60M in new longs fuel more gains?

NEAR activity hits 209M transactions, with a $19.49 billion market cap driving strong AI category momentum.

20 May 2026, 02:00

Bitcoin Is Trapped Between Two Powerful Holder Levels: Key Data Clears The Setup

Bitcoin has lost the $80,000 level as selling pressure and market uncertainty converge on a price structure that analyst Rei Researcher has identified as one of the most sensitive zones Bitcoin has occupied in this entire cycle. The breakdown is not simply a technical level failing — it is a price entering a specific intersection of holder cost bases that creates a structural conflict between the forces trying to push Bitcoin higher and the forces preventing it from going there. Rei Researcher’s analysis draws on CryptoQuant’s Holder Metrics chart to map exactly where Bitcoin currently stands relative to the cost basis of different participant cohorts. The picture that emerges is of a market caught between competing pressures at precisely the level where those pressures are most evenly matched. Bitcoin recently completed a recovery wave that carried it meaningfully above the April lows — a move that returned a significant cohort of short-term holders to profitability for the first time since the correction began. That recovery brought the price directly toward the Short-Term Holder cost basis — the average entry price of participants who acquired Bitcoin within the past several months and have been sitting on losses throughout the decline. At that level, the dynamic shifts. Holders who endured weeks of losses and finally returned to breakeven face a decision the data says they have consistently made the same way: they sell. The STH cost basis is not simply a technical resistance level. It is a behavioral threshold, and Bitcoin approaching it from below has met the same supply every time. Between The Floor Institutions Built And The Ceiling Holders Created Rei Researcher’s analysis identifies the constructive element that prevents the current breakdown from being read as unambiguously bearish. Despite losing $80,000 and trading near $77,000, Bitcoin is still holding above the cost basis of institutional fund flows — the average entry price of ETF capital that has accumulated since the spot Bitcoin ETFs launched. That level functions as a crucial support buffer in the current environment, representing the price below which institutional investors who entered through regulated products would begin sitting on unrealized losses. The implication of breaking that support is direct and significant. ETF holders who have been absorbing volatility from a position of profit would shift to a position of loss — a psychological and structural change that historically triggers accelerated outflows and reduced institutional appetite for adding exposure. Rei Researcher identifies a break below the ETF cost basis as the specific condition that would trigger a negative trend rather than continued consolidation. Bitcoin at $77,000 is therefore positioned in the most contested price zone of this cycle — supported from below by the cost basis of the most structurally significant new category of buyer, and weighed down from above by the combined resistance of the STH cost basis and the 200-day moving average. The medium-term trend will not be established by gradual drift in either direction. It will be established by a decisive break above or below one of those two cost basis zones — a break accompanied by the volume and follow-through that confirms a genuine regime change rather than another test that reverses at the boundary. Until that break arrives, Bitcoin is consolidating at the exact price where the market’s next directional decision is being made. Bitcoin Weekly Structure Shows Indecision Bitcoin is trading near $76,700 on the weekly chart after failing to reclaim the major resistance zone between $78,000 and $80,000, an area that now acts as the market’s primary structural ceiling. The rejection reinforces the broader corrective structure that has dominated price action since Bitcoin topped above $110,000 late last year. The chart shows BTC attempting to stabilize after the sharp capitulation event that briefly pushed price toward the low-$60,000 region earlier this year. Buyers successfully defended the broader demand zone between $64,000 and $68,000, allowing Bitcoin to recover back toward the weekly 50 moving average. However, momentum weakened significantly once price approached the overhead resistance cluster formed by the 50-week moving average and previous breakdown levels near $80,000. Importantly, Bitcoin continues trading below the weekly 100 moving average, while the weekly 200 moving average remains far below the current price near the long-term macro trend zone. This positioning reflects a market still structurally bullish on higher timeframes but facing meaningful medium-term weakness and uncertainty. Volume has also declined during the latest rebound attempt, suggesting the recovery lacks the aggressive spot demand that characterized previous bull continuation phases. For now, the market remains trapped between key holder support zones below and heavy resistance overhead. A decisive breakout above $80,000 would likely shift momentum back toward bullish continuation, while losing the $68,000 region could trigger a broader market reset. Featured image from ChatGPT, chart from TradingView.com

20 May 2026, 02:00

Solana DEX volume plunges 56 percent since January

🚨 $SOL DEX volume crashed 56 percent since January. Trading interest has shifted as funding rates turned negative. Continue Reading: Solana DEX volume plunges 56 percent since January The post Solana DEX volume plunges 56 percent since January appeared first on COINTURK NEWS .

20 May 2026, 01:58

WhiteBIT introduces Svitolina Nova Card design ahead of Roland-Garros

WhiteBIT has partnered with Elina Svitolina to introduce a limited-edition Svitolina-themed skin for its WhiteBIT Nova Visa card. The firm said the initiative will offer users a chance to support Ukrainian children and cheer Elina on at Roland-Garros. The announcement revealed that the collaboration aims to combine product with purpose. WhiteBIT stated that for every card activated with the Svitolina design between May 19 and June 19, the firm will donate 15 USDC to the Elina Svitolina Foundation. WhiteBIT seeks to donate USDC to the Elina Svitolina Foundation WhiteBIT Nova x @ElinaSvitolina presents an exclusive card design with special rewards! The first 200 new Nova users will receive 10 USDC. Plus, WhiteBIT will donate 15 USDC to the Svitolina Foundation for every new activated card with the Svitolina card design. To join: open… pic.twitter.com/0TVEVHrOep — WhiteBIT (@WhiteBit) May 19, 2026 WhiteBIT confirmed that the first 200 new users to activate the skin will also receive 10 USDC. The tokens will be credited directly to their card. The crypto exchange argued that the initiative reflects WhiteBIT’s continued expansion across international sport. The firm believes the initiative will make WhiteBIT a channel for connecting with global audiences and driving the global adoption of cryptocurrency by embedding its products into everyday use cases. WhiteBIT also acknowledged that the new Nova card marks Elina Svitolina’s remarkable athletic record. The athlete is a former world No. 3, 20-time WTA title winner, and an Olympic bronze medalist. Svitolina will arrive at Roland-Garros on the back of her third Rome title, which was claimed just days before the tournament. Svitolina’s Rome title was also her 20th career WTA crown, a perfect 8-0 record in clay-court finals, and the clearest possible statement of intent heading into Paris. “Sports create opportunities – on the court and beyond it. For me, competing at the highest level has always come with a responsibility to give back. Supporting young Ukrainians through education and sport is something I’m deeply committed to, and partnerships like this one help make it possible.” – Elina Svitolina , 20-time career WTA Champion. WhiteBIT aims to make crypto useful to the Nova Visa card WhiteBIT argued that the initiative extends the firm’s approach to making crypto genuinely useful with the WhiteBIT Nova Visa card. The firm believes that the card allows users to spend crypto anywhere, with balances converted at the point of sale. The crypto exchange is also confident that pairing the initiative with one of sport’s most recognizable faces and anchoring it to a live Grand Slam moment will connect the product to an audience that goes well beyond crypto natives. Volodymyr Nosov, Founder and President of W Group, argued that the same principles drive sports and crypto – both reward discipline, move fast, and are rewriting the rules of what’s possible. He also believes that partnering with Elina is a natural extension of what WhiteBIT Nova is built for: turning digital assets into a practical financial tool for people on the move. Nosov added that the collaboration is also about shared values such as ambition, resilience, and giving back.