Bitcoin (BTC) price is in a very special situation in 2026. While the digital currency hasn’t shown the kind of intense bearish moves seen in past “crypto winters,” there are also no clear and conclusive signs that there has been any change in the classic four-year cycle of alternating bulls and bears.
Bitcoin, on the other hand, has spent much of this year flattening out at various points, sending out false bullish signals and experiencing frightening declines, which were still small compared to past bearish years.
As of this writing, on the morning of May 27, 2026, Bitcoin has more questions than answers. Today we woke up to the following news Bitcoin misses the $76,000 level. The CriptoNoticias price calculator shows that each BTC is trading at $75,850.
This decline came at a particularly inopportune time. Bitcoin price charts show that we are days away from the formation of a technical analysis pattern known as the “Golden Cross” or “Golden Cross.”
A golden cross occurs when the 50-day simple moving average crosses above the 200-day moving average. In the chart below, the first of these moving averages is the green line and the second is the red line.
The arrival of a golden cross is expected by traders and investors as it is considered a confirmation of an existing bullish trend. Looking at the chart above, you might think that the golden cross forming now confirms the uptrend that started in early April 2026.
However, as you can see, this bullish pattern formation is in danger. If Bitcoin falls below current levels, it could prevent the moving averages from crossing in the short term.
Bitcoin’s rise is slowing down due to a combination of factors. Mainly the Iran war.the Strait of Hormuz was closed in response, and it’s becoming a never-ending story.
Major oil shipping routes around the world have remained closed since February 28 last year, almost three months ago.
And what’s in it What to see in the Strait of Hormuz with Bitcoin?The answer is simple.
- 1) The passage of oil tankers will be blocked due to the closure of the Strait of Hormuz.
- 2) Oil prices will rise.
- 3) The costs of industrial production, fuel, food, etc. are rising internationally.
- 4) Inflation indicators are increasing.
- 5) The US Federal Reserve (FED) and other central banks have little incentive to lower interest rates.
- 6) Bitcoin would benefit from interest rate cuts, but would suffer if there is no such reduction and interest rates are high.
As reported by CriptoNoticias, this “endless war” means: Concerns that Bitcoin could fall to the $45,000 area reignite Analysts like Willy Wu and those who call themselves “No Limit Gains” predicted this months ago.
Just the other day, some on-chain data indicated that Bitcoin was building a solid foundation and solid price structure, but the current decline below $76,000 casts doubt on such claims.
Perhaps upcoming news related to the Iran war and its outcome (or lack thereof) will help us know more precisely what Bitcoin’s next move will be. For now, This digital currency seems to be telling us that it will take a little more time for the golden cross to form.
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