Currently, the price of Bitcoin is navigating through a zone of turbulence, trading between $76,200 and $77,100<\/strong>, marking an increase of roughly 1% over the last 24 hours. Investors appear to be stepping away from risk assets, thereby slowing down the bullish rally<\/strong> that had been driving the market. This dynamic raises doubts about BTC’s ability to stay the course in the short term.<\/p>\n\n\n\n From a technical analysis standpoint, the current setup calls for extreme caution. Bitcoin has lost its momentum above the psychological $78,000 resistance<\/strong>, a level it is now struggling to reclaim. Indeed, Bitcoin has formed a new 1H bearish order block below $78,000.<\/strong> Furthermore, its 1-hour RSI has reached the overbought territory. A short term pullback toward $74,600<\/strong> in the coming days is highly likely. Invalidation would require a clean breakout above $77,800.<\/strong><\/p>\n\n\n\n Currently, Bitcoin is re-entering its triangle pattern below $77,000. For now, Bitcoin is validating a fakeout, and downside price action is favored.<\/p>\n\n\n\n A break below this $74,000 threshold would pave the way for a deeper correction<\/strong> toward the critical liquidation zone of $73,500, or even $72,500.<\/p>\n\n\n\n According to Killa, May will be a red month for Bitcoin. First, he highlights a trend reversal that consistently occurs after the 5th of the month. Bitcoin could therefore begin its descent after May 5.<\/p>\n\n\n\nIs Bitcoin’s Key Support in Danger?<\/h2>\n\n\n\n
![\"Bitcoin](\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2026\/05\/01082415\/BTCUSD_2026-05-01_08-58-57-1024x764-1.jpg\")
<\/figure>\n\n\n\nShould You Sell in May and Go Away?<\/h2>\n\n\n\n