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While governments quietly accumulated Bitcoin (BTC), the market's attention was drawn to tariffs and AI performance. FXStreet pointed out that this silence could be a key signal for the next price revaluation.
According to cryptocurrency specialized media FXStreet on May 27 (local time), the market narrative surrounding Bitcoin in 2026 has become surprisingly quiet. While individual investor sentiment has cooled and major headlines have shifted to tariffs and AI performance, an analysis suggests that structural changes, which have historically preceded large-scale price revaluations in various asset classes, are underway beneath the surface.
FXStreet reported that the U.S. federal government holds approximately 198,000 BTC under its Strategic Bitcoin Reserve, established by executive order in March 2025. Arizona enacted a state-level Bitcoin reserve bill, followed by similar proposals from Texas, Florida, New Hampshire, and Utah. Senator Lummis's BITCOIN Act allows the U.S. Treasury to purchase up to 1 million BTC over five years, which would introduce approximately $100 billion in national demand into a structurally limited market, the report explained.
On the supply side, the halving in April 2024 reduced new supply from 6.25 BTC per block to 3.125 BTC. FXStreet analyzed that while supply is contracting, national-level demand is accumulating, with the BlackRock Bitcoin ETF alone accumulating over $50 billion in assets. The media assessed this trend not as mere speculation but as institutional infrastructure being built in real-time.
In terms of technical trends, Bitcoin is trading around $76,000 and has fallen by approximately 14% since the beginning of 2026, the report stated. On the daily chart, it remains below the 13-day exponential moving average, trading volume has decreased, and the Relative Strength Index (RSI) is cooling from the overbought zone. Mid-term support levels were presented at $74,300, $73,400, and $71,500, while the 13-day exponential moving average at $77,375 is pressing the price downwards from above.
FXStreet suggested that if the daily closing price forms above $79,500 with increased trading volume, it could signal a resumption of the trend towards the $85,000 range. Conversely, if $73,400 breaks, the $68,000 to $70,000 range could reopen as the next demand zone, according to the analysis. In the long term, if the Bitcoin bill passes and the U.S. Treasury actively buys in Q4 2026, a significant demand shock could be added to a market with reduced circulating supply due to the halving, the report assessed.
FXStreet predicted that Bitcoin could challenge its all-time high after breaking through the psychological and technical resistance zone between $100,000 and $105,000, with $109,000 potentially emerging as the next major price level. The media interpreted the current trend of decreasing trading volume below the 13-day exponential moving average not as distribution but as accumulation, and assessed that as national-level bills pass, the long-term investment rationale is strengthening.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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