{"id":29413,"date":"2026-05-18T09:07:00","date_gmt":"2026-05-18T08:07:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=29413"},"modified":"2026-05-18T09:24:41","modified_gmt":"2026-05-18T08:24:41","slug":"bitcoin-price-analysis-4","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-analysis\/","title":{"rendered":"Bitcoin dips below $77,000: What’s next for the Crypto giant?"},"content":{"rendered":"\n

Why is the Bitcoin price still falling?<\/h2>\n\n\n\n

Currently trading<\/a> around $76,800<\/strong>, the king of cryptocurrencies is experiencing some turbulence. This sudden bearish<\/strong> movement is no coincidence but the direct consequence of a tense macroeconomic climate. Indeed, the sharp rise in oil prices<\/strong> and the surge in US Treasury yields have triggered widespread risk aversion, weighing down volatile assets.<\/p>\n\n\n\n

The current selling pressure can be explained by the fragility of recent investors. According to data from Binance Research, short term holders are finding themselves in unrealized losses and are liquidating their positions at the slightest macroeconomic shock. This panic has triggered a cascade of liquidations in the derivatives markets, exacerbating the price correction<\/strong>.<\/p>\n\n\n

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\"Bitcoin
Source: Checkonchain<\/figcaption><\/figure>\n<\/div>\n\n\n

However, long term fundamentals remain surprisingly strong. Long term investors are not flinching and refuse to sell. Even better, BTC reserves on exchanges are stagnating near their lowest levels in six years. <\/strong>This supply scarcity could act as a shock absorber and prevent a total market collapse.<\/p>\n\n\n

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\"Bitcoin
Source: Checkonchain<\/figcaption><\/figure>\n<\/div>\n\n\n

Despite this supply resilience, the macroeconomic context is dictating the rules in the short term. Furthermore, spot volumes are generally showing no bullish signs. Worse still, they have hit a low not seen since July 2025.<\/p>\n\n\n\n

Is the key Bitcoin support in danger?<\/h2>\n\n\n\n

In terms of technical analysis, losing the psychological support<\/strong> of $77,000 <\/strong>is a major warning sign. Indeed, this price corresponds to a bullish trendline. By liquidating this level, Bitcoin exposes itself to a deeper drop down to $73,000. <\/strong>If the bearish<\/strong> momentum intensifies, the next level to watch is around $75,200 <\/strong>which could be reached within the next 24 hours. A breakdown of this zone could invalidate the short term bullish structure and pave the way for this much deeper retracement<\/strong>.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Conversely, to hope for a bullish<\/strong> scenario, buyers must imperatively regain control. A quick bounce back above $77,500 <\/strong>is necessary to reassure the markets. If the RSI<\/strong> shows oversold signs on lower timeframes, a breakout<\/strong> above $79,500 would restart the engine and target a new ATH<\/strong>.<\/p>\n\n\n\n

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$BTC<\/a>

I\u2019m gradually building into a small hedge long against the swing short at 77.8K.

You are probably wondering \u201cwhy\u201d and the answer is simple:

We\u2019ve got a CME gap around 79K that could get tested, so because of that I am looking to run an equal hedge to protect my swing\u2026 https:\/\/t.co\/jjGe9iCJH4<\/a><\/p>— Killa (@KillaXBT) May 18, 2026<\/a><\/blockquote>