Bitcoin: Coiled Spring Thesis Signals Compression

Bitcoin is storing energy rather than breaking down, according to the Coiled Spring Thesis shared by André Dragosch on May 26, 2026.

The thesis frames current price action as tight compression while global money supply expands, setting up a potentially violent snap higher once momentum returns.

Price at $76414.94 sits below both the EMA50 at $77171.12 and EMA200 at $77325.1, confirming the bearish trend structure, while the MACD death cross at -18.69 reinforces downside pressure; yet the neutral RSI of 44.73 and position inside the Bollinger Bands between $75793.87 support and $77926.69 resistance suggest coiled energy rather than capitulation, with any bounce likely to test upper-band resistance before retesting the 50-EMA as dynamic support.