Bitcoin continues to consolidate within the $78,000 zone, following its net 
positive performance in April. Having shown key signs of recovery, the leading 
cryptocurrency is now gathering momentum for its next major price swing. Amid 
the wait, a pivotal negative trading signal has emerged. Related Reading: 
Bitcoin’s Path To $100K May Happen Before Anyone Understands Why: Analyst TD 
Sequential Highlights Critical Bitcoin Support In an X post on May 2, seasoned 
market analyst Ali Martinez postulates that Bitcoin could soon endure another 
wave of price correction, following the latest TD Sequential data. The maiden 
cryptocurrency has been a major victim of the market winter, establishing a 
cycle low of $60,000 and presently trading 37.85% below its all-time high of 
$126,100. April brought much bullish relief amid this bear market, with prices 
surging by a net 14%. However, the TD Sequential, a trading indicator largely 
used to identify potential trend reversals and exhaustion, is backing a 
resurgence in bearish sentiment. According to Martinez, the TD Sequential is 
flashing a trend exhaustion signal on the BTCUSDT 3-day chart. Interestingly, 
this event represents the first bearish shift in the indicator in 2026. The 
last signal from the TD Sequential came in February &#8211; a buy trigger which 
proved successful, resulting in 32% gain between $60,000 to around $80,000. 
This latest sell setup anticipates a 1 to 4-candlestick correction on the 
3-day timeframe, i.e., a short-term pullback that could unfold over roughly 
three to 12 days before the broader trend resumes or consolidates. In this 
respect, Martinez has highlighted $67,500 as an immediate downside target if 
this negative play unfolds. However, the analyst warns that price momentum may 
fail to stabilize around this level. In that case, a deeper correction may 
occur, exposing investors to lower levels around $40,000-$50,000. Martinez 
also reiterates that Bitcoin&#8217;s macro structure remains bullish, and long-term 
investors should monitor the price action at $67,500 for trend confirmation in 
either direction. Related Reading: XRP May Outlook: 4 Catalysts, Key Dates, 
And Critical Price Levels To Watch Bitcoin Market Overview At press time, 
Bitcoin trades at $78,657, following an immediate retrace after hitting 
$79,000. The premier cryptocurrency reports a minor 0.68% gain on its daily 
chart. However, its daily trading volume is down by a staggering 56%, 
suggesting little market participation behind its most recent gain. On the 
monthly chart, Bitcoin is up 17.53% owing to its April revival. However, the 
premier cryptocurrency faces key barriers ahead, such as $80,000, which must 
be broken to strengthen the case for a bullish recovery. With a market cap of 
$1.57 trillion, Bitcoin holds 60.4% market dominance and ranks as the 11th- 
largest asset in the world. Featured image from Vecteezy, chart from 
Tradingview

Bitcoin At Risk As TD Sequential Flashes Key Bearish Signal – Details

A leadership change at the Federal Reserve could lead to shifts in monetary 
policy, impacting economic stability and market confidence.
The post Federal Reserve faces potential leadership change amid Powell-Warsh 
meeting appeared first on Crypto Briefing.

Federal Reserve faces potential leadership change amid Powell-Warsh meeting

Iran&#8217;s internal power struggles and potential leadership changes could 
destabilize its geopolitical stance, affecting international relations.
The post Iranian leaders seek to dismiss foreign minister amid IRGC ties 
appeared first on Crypto Briefing.

Iranian leaders seek to dismiss foreign minister amid IRGC ties

Geopolitical tensions and macroeconomic factors may hinder Bitcoin&#8217;s growth, 
prompting investors to seek stability in less volatile assets.
The post Bitcoin struggles below $80,000 as geopolitical tensions rise 
appeared first on Crypto Briefing.

Bitcoin struggles below $80,000 as geopolitical tensions rise

US training of Lebanese forces could shift regional power dynamics, 
potentially easing tensions and altering security strategies in the Middle 
East.
The post US to train Lebanese forces, potentially impacting Israel&#8217;s Lebanon 
withdrawal appeared first on Crypto Briefing.

US to train Lebanese forces, potentially impacting Israel’s Lebanon withdrawal

Coinbase&#8217;s CUSHY fund may enhance crypto market stability and utility, 
influencing institutional adoption and regulatory dynamics globally.
The post Coinbase launches CUSHY fund, boosting institutional crypto interest 
appeared first on Crypto Briefing.

Bitcoin At Risk As TD Sequential Flashes Key Bearish Signal – Details

Comments