BTC Market Analysis 2026.05.27

On 5.17, it was said that if BTC cannot stand above the green Gann angle line at 82,500, then the rebound that started from 65K is likely to end;

On 5.20, it was prompted again that a larger-level BTC decline has begun. After that, BTC’s downside has reached 10%+—so how should we look at it next?

The decline starting from 82,850 is at least on the same level as the 65K–82,850 move (blue line in Chart 1). If it is a simple three-wave structure, then 82,850–74,289 is the first decline (the red line on the left side of the red box). From 74,289, price action is the rebound against that first decline (the red box shown in the chart). If the 4-hour candlestick body breaks below 75,000 and cannot be reclaimed, be alert that the rebound has ended. Breaking below 74,289 confirms the end.

The earliest possible time for ending the decline that started from 82,850 is before the weekly close in the week of 6.15 in Gann timing.

If the subsequent decline expands to the same level as the 60,000–82,850 move, then the possibility seen before this time is only the end of the first decline wave. After a rebound in mid-June, there will still be a further drop.

As for the specific levels and structural breakdown, we will follow the market’s pace over the coming days, and notify the partners who are keeping up. #btc $BTC