hodler

2 May 2026, 22:30

Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

A crypto analyst has outlined a specific period he believes could be the right time to sell Bitcoin (BTC) for the most returns. Supporting his prediction, the analyst highlighted a recurring historical pattern that has marked major bullish turning points in BTC’s market cycles. He suggested that these past patterns could be used to determine the best exit points for traders in the ongoing cycle. Analyst Reveals Best Time To Sell Bitcoin Crypto market analyst Merlijn The Trader has cautioned that Bitcoin could be approaching a major turning point, urging traders to consider selling their coins to maximize returns. In a post on X, he predicted that BTC may be heading toward another sharp correction, with a possible downside target near the $33,000 level, one of his lower-cycle projections. Related Reading: Bitcoin ETFs Lose Nearly Half A Billion Dollars As Fear Returns To Crypto The analyst warns traders to “sell in May and go away,” arguing that Bitcoin may hit a fresh cycle top this May, followed by a potential drop that could trigger losses for many bulls who fail to exit early enough. He pointed to a repeating Bitcoin cycle pattern that has historically aligned with major market tops around May in mid-cycle years. Sharing a price chart, Merlijn The Trader outlines BTC’s price movements from 2014 to the present. He noted that during the 2014 Bitcoin cycle, the market topped in May before a decline of around 61% followed. In 2018, a similar May peak preceded a massive price crash of approximately 65%. Furthermore, in 2022, the same structure repeated, with Bitcoin forming a May high which eventually led to a 66% market recession. Across these three cycles, the timing of the peaks has remained eerily consistent, with May acting as a critical turning point before a sustained downside movement. Notably, Merlijn The Trader believes that the current market cycle is once again following these historical trends. Based on the recurring structure, the analyst estimates a possible downside of about 60.73% after Bitcoin reaches a potential market top this May. With BTC currently trading above $78,000, such a staggering decline would place the price near $33,000. Analyst Outlines Bull And Bear Case Scenarios For Bitcoin In a separate analysis, crypto expert Ted Pillows predicts two potential near-term scenarios for Bitcoin as its price hovers around $78,000. The analyst explained that, because the $75,000 level has acted as strong support for Bitcoin over the past few weeks, he believes the cryptocurrency could be preparing for another major rally. Pillows noted that Bitcoin is now approaching the critical resistance zone around $78,000 to $80,000. He said this zone is where the real test is set to begin. According to the analyst, if Bitcoin can safely reclaim and hold this range, the next move could be a jump to fill the Chicago Mercantile Exchange (CME) gap near $86,000. The chart also shows this clearly, tracing BTC’s projected path toward this upper CME gap. Once price nears $86,000, Pillows predicts a sharp pullback to the previous $80,000 range. Related Reading: US CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield Update For his bearish forecast, the analyst noted that if Bitcoin gets rejected around the $78,000 to $80,000 resistance, it could trigger a larger correction, potentially pushing the price toward the $70,000 level before a new bounce. Further decline in this area could also lead to a steeper drop to $66,318. Featured image from Unsplash, chart from TradingView

2 May 2026, 22:27

RSR Technical Analysis May 2, 2026: RSI MACD Momentum

RSR RSI at 53.91 is neutral, MACD histogram balanced at zero; short-term bullish above EMA20 but overall sideways momentum prevails. Breakout expected due to lack of volume confirmation, BTC correl...

2 May 2026, 22:18

Crypto Billionaire's 5M£ Gift to Farage Scandal

Nigel Farage received a 5M£ gift from crypto billionaire Harborne. While record donations are flowing to Reform UK, the government is restricting crypto funds. Details of BTC investments and the po...

2 May 2026, 22:04

EGLD Comprehensive Technical Analysis: Detailed Review of May 2, 2026

EGLD is in horizontal consolidation at $4.13, with bearish short-term signals below EMA20, RSI neutral and MACD negative. Critical levels: $4.12 support, $4.20 resistance; BTC correlation requires ...

2 May 2026, 22:01

Tillis Accelerates Stablecoin Bill: BTC Effect

Senator Tillis called for advancing the Digital Asset Market Clarity Act to markup by completing stablecoin negotiations. Banker concerns have been addressed; this could boost liquidity by integrat...

2 May 2026, 22:00

Crypto market eyes 2017-style rally: 52.7% PMI confirms expansion phase

With ISM PMI at 52.7%, markets are leaning into an expansion phase, sparking speculation that crypto could repeat a pre-2017-style rally.