This morning, Thursday, May 28, 2026, the price of Bitcoin (BTC) fell below $73,000.
Digital currencies whose prices have fallen by 6% in the past 7 daysthus moving away from what looked like a confirmed upward trend.
As CriptoNoticias reported yesterday, Bitcoin was close to (or rather close to forming) an uptrend confirmation pattern known as the “Golden Cross” (or “Golden Cross”), but this price drop has made it difficult to achieve.
The following graph shows Bitcoin’s performance over the past 7 days.
In this context, professional trader and market analyst Willy Wu uses the “Macro Cycle Risk Model” (Spanish for “Macro Cycle Risk Model”) to determine: “Horizontal structure is still valid.”. Woo adds that “the risk is reduced a little bit” and that “the flows into the network remain completely neutral.”
This trader has attached the following image of the pricing model he uses to an X magazine publication published on May 28th of this year.
In any case, Woo not only brings calm to the market; Also detects negative signals. Analysts say:
I am also reading uptrend exhaustion signals in the stock market (stock), the expected date is after July to August. This is a technical pattern, meaning it is not based on data on actual investor behavior that is accessible with on-chain BTC, so it is not very reliable… However, if it materializes, BTC could follow a downward trend from June onwards.
Willy Wu, professional trader and market analyst.
Let’s remember Willy Woo In February 2026, he stated that “USD 45,000 Bitcoin will be a typical bear market low.”. On February 19th, CriptoNoticias reported that the idea that digital currencies could be heading towards those price levels is being revived.
most likely, News about Iran warthe reopening (or re-opening) of the Strait of Hormuz and its war-conflict consequences (e.g. rising global inflation) will affect the price of Bitcoin in the coming days. Determine what market sentiment, and therefore behavior, will be.
Despite the fact that US President Donald Trump frequently issues optimistic messages, the reality is that the war continues to drag on and there are no concrete signs that an end is near. This has led some to predict the worst-case scenario, such as financial expert Damir Tokic, who said the Iran war is on the verge of a “catastrophic escalation.”
(Tag translation) Analysis and research
