Search results for May high
Crypto
Benjamin Cowen says no need to predict bitcoin; key year-end factor is weekly close
Bitcoin has moved into a key zone that could shape year-end market direction after breaking above its May peak on a weekly basis. Market analyst Benjamin Cowen revised his fourth-quarter 2026 strategy model as bitcoin tested a key technical area near $83,000. He said the weekly close could be the main signal through year-end. Cowen outlined scenarios depending on whether bitcoin holds above the May high or slips back below it.
Crypto
Digital asset taxation next year in focus as bitcoin battles around $80,000
With South Korea set to implement digital asset taxation in 2027, calls are growing to overhaul a system that classifies both capital gains and lending income as miscellaneous income. Critics say income should be separated by transaction type and tax infrastructure built to link data from exchanges and personal wallets. The article also tracks U.S. legislative timing risks for the Clarity Act, a bitcoin rally above $81,000, shifts in correlations, Japan’s rate and regulatory moves, and notable on-chain activity.
Crypto
Shiba Inu rebound hopes rise on accumulation flows as it tests downtrend line
Shiba Inu is drawing attention for a possible short-term bullish shift as technical rebound signals emerge. Bullish divergence appears on the daily chart in both the relative strength index and MACD while the token tests a months-long downtrend line. The divergence reflects lower price lows alongside higher lows in momentum indicators. Exchange data also show net outflows over the past 24 hours, a signal of transfers to private wallets.