📅 20.05.2026 · Why Bitcoin Keeps FAILING at $80k · 👁️ 14
"A clean daily close below that, and the next demand zone sits between 74 and $75,000."
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Login…Which brings us directly to the levels you need on your chart. First, the 200-day moving average at $81,267, which is now flipped from support to resistance. Until Bitcoin posts a daily close above that line, the trend structure is bearish. Second, immediate support at $76,000, currently being tested. A clean daily close below that, and the next demand zone sits between 74 and $75,000. And that zone matters for one specific reason. Strategy's average cost basis on its 843,738 BTC position is approximately $75,700. A sustained break below that figure puts the largest corporate Bitcoin holder on the planet underwater. And given Michael Saylor's own admission in the Q1 earnings call that Strategy may sell Bitcoin to fund dividend o…
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