BTC: Rally Slows Into Resistance | Flash News Detail | Blockchain.News
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5/20/2026 3:52:00 PM

BTC: Rally Slows Into Resistance

BTC: Rally Slows Into Resistance

BTC at $77283.62 faces cooling momentum as Glassnode flags weakening spot demand and ETF inflows.

Source

Analysis

BTC remains structurally resilient yet upside momentum is cooling beneath the surface after Glassnode highlighted weakening spot demand, slowing ETF inflows and crowded long positioning.

With price testing upper Bollinger resistance at $78042.1 while RSI(14) sits neutral at 45.73, a healthy retracement toward the 50-EMA support at $78194.76 appears probable before further continuation; this setup directly shapes near-term BTC price prediction, tempers fears of an abrupt crypto market crash and underscores the growing AI industry impact on institutional flows.


glassnode

@glassnode

World leading onchain & financial metrics, charts, data & insights for #Bitcoin & digital assets.