Panelists are split on the four-year cycle's relevance, with year-end price targets varying widely from potentially not reaching a new high to possible targets of $150k or $250k.
Bitcoin's macro setup is increasingly tied to the same forces driving the S&P 500 to new highs: liquidity, concentration, rate expectations, and investor tolerance for stretched valuations.
Crypto markets pulled back on May 7 as traders digested a wave of liquidations and cooling momentum, with Bitcoin slipping under $80,000 and Ethereum hovering near $2,300 despite continued strength in underlying fundamentals.
Public companies scooped up more than 50,000 Bitcoin in the first quarter of 2026, pushing their collective holdings to a record 1.15 million BTC.
Bitcoin (CRYPTO: BTC) pushed back above $80,000, and retail traders are getting louder: Santiment data shows bullish social commentary has climbed to its highest level in roughly four months. The crypto analytics firm says bullish Bitcoin comments now outpace bearish ones by a 1.37-to-1.00 ratio across social media.
Core Scientific reported a $347.2 million loss in the first quarter of 2026 and sold 2,385 BTC for $208.3 million. The firm closed a $3.3 billion senior note offering at 7.75% to finance AI data centers and retire a loan. AI colocation revenues reached $77.5 million, surpassing bitcoin mining, which fell to $30.
A related MVRV indicator hit overheated levels last seen before bitcoin's late-2024 push to $100,000.
Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slipped back under $81,000, reviving comparisons with the March 2022 breakout that quickly reversed into a deep selloff.
Bitcoin's return above $80,000 has brought back a question traders have not had to confront at scale since 2020: how does the world's largest digital asset behave when a health scare, rather than rates, regulation, or crypto-native leverage, becomes the market's dominant risk headline? The immediate trigger is a hantavirus outbreak aboard the MV Hondius,
John Bollinger called it. The bear market's done.
Keonne Rodriguez, co-founder of the now-shuttered Bitcoin privacy wallet Samourai Wallet, has published an appeal from federal prison asking the Bitcoin community for donations to help cover more than $2 million in accumulated legal debt — after acknowledging that hopes for a presidential pardon have effectively faded. Related Reading: Bitcoin Uptrend Still Healthy, But Volume Divergence Raises Questions Rodriguez, 37, is five months into a 60-month sentence at FPC Morgantown, a federal prison camp in West Virginia.
ABTC's growing Bitcoin reserves amid market challenges highlight the strategic resilience and potential influence of corporate crypto holdings. Eric Trump's Bitcoin miner holds over 7,300 BTC after record quarterly production.