Bitcoin bounced back to $77 000 on Sunday after Trump announced a near-finalized peace deal with Iran that includes reopening the Strait of Hormuz.

Bitcoin is trading at $74,526 on the daily chart as of May 23, having broken below the SMA50 and approaching its next identifiable structural support in the current decline.

Bitcoin is trading at $75,834 on the 1H chart as of May 22, with all three moving averages declining above current price and an RSI reading of 24.67 placing the hourly momentum in deeply oversold territory.

Michael Saylor appeared on CNBC to discuss Bitcoin's position in the current cycle, Strategy's digital credit product STRC, and a long-term price target that reframes every other number he offered in the interview.

Peter Schiff laid out the structural case against Michael Saylor's Strategy, arguing that the company's Bitcoin treasury model meets the definition of a Ponzi scheme regardless of how openly Saylor describes it.

Phong Le, President and CEO of Strategy, posted 13F data showing 13 of the top 15 institutional shareholders of MSTR added to their positions in Q1 2026, with combined holdings increasing 27%.

Trading volumes across the top crypto assets have more than halved since 2025, and the technical picture is not helping - here is what the data actually shows.

Bitcoin trades at $77,043 on the daily chart as of May 19, halting a decline at the SMA50 and the lower boundary of the ascending channel that has contained price since the March lows.

Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, has confirmed that a White House announcement on the Strategic Bitcoin Reserve is imminent, and the work behind it has been running quietly for months.

Arthur Hayes has revised his Bitcoin price target and the reason he gives is not that his framework has changed but that the pace of money creation has not kept up with what his framework requires.

Bitcoin has broken below $77,000 with two separate taker sell volume spikes above $1 billion driving the move, and the daily RSI has crossed below 50 for the first time since the February recovery began.

Bitcoin has been rejected at the 200-day moving average and is now sliding toward key technical support levels.