Bitcoin Key Support Level at $75,000-$76,000 Range, According to Wintermute

BTC-1.07%
ETH-1.16%
According to Wintermute, on May 26, Bitcoin's key support level is in the $75,000-$76,000 range. BTC is currently hovering near $76,000, while Ethereum has declined to $2,140, with spot Bitcoin ETF outflows exceeding $2 billion over the past two weeks as institutional inflows shift toward AI stocks. Market structure remains intact with long-term holders continuing to accumulate and exchange reserves at low levels, though short-term fund flows have turned negative. If support holds, Bitcoin may retest $80,000; a breakdown could trigger a retest toward $70,000-$72,000.
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