Bitcoin broke above $80,000 for the first time since February, backed by $1.98B in taker volume, but on-chain structure signals the move is not yet complete.
Bitcoin has gained 2.6% in May 2026, but seasonal data since 2013 suggests weak May gains precede the worst Q3 months.
Iran submitted a revised diplomatic proposal on May 1, 2026, offering to decouple Strait of Hormuz access from nuclear negotiations. Crypto market cap gained 1.91%.
Blockstream CEO Adam Back spoke to Cointelegraph at Bitcoin Las Vegas 2026, deflating Strategic Reserve expectations, defending a $1 million Bitcoin bet with a 24-month deadline, and calling for a presidential pardon for the Samurai Wallet developers.
Bitcoin trades at $75,600 on April 30, 2026, below all three moving averages with RSI at 41 on both signals. The short squeeze setup that institutional funds monitor requires three converging conditions. None are active yet.
Michael Saylor, co-founder and executive chairman of Strategy, took the stage at Bitcoin Las Vegas 2026 to present what he called the killer application of Bitcoin — not the commodity itself, but a credit instrument built on top of
Bitcoin is testing $77,399 with the most depleted exchange liquidity of 2026. The dry powder left, but the data suggests it relocated, not disappeared.
A Bitcoin miner health indicator that compares the 30-day and 60-day moving averages of network hashrate has fired a buy signal following a period of hashrate stress.
Bitcoin's third rejection at $80,000 was accompanied by the sharpest single-candle RSI collapse on the 1-hour chart and a 47% decline in the Coinbase Premium Index since April 22.
Bitcoin has climbed roughly 15% since early April, and the mechanics behind this move look nothing like what traders have seen in previous cycles.
Every time Bitcoin has recovered 30% from a cycle low, it has never revisited that low and the price is currently $2,500 away from that threshold.
Bitcoin's adjusted long-term holder MVRV is declining but remains above the stress zone that has historically accompanied cycle bottoms, while network participation holds near recent highs despite a modest pullback from April 21 peaks.



