BITCOIN - the $18,500 level remains the major resistance before a new all-time high above $20,000. However RSI is in the overbought area which could herald a potential correction. The nearest support is lies around $16,000 level and is strenghtned 50 SMA (green line) on the 4-hour chart. Source: xStation5
Looking at the higher interval, one can see that other altcoins besides Ethereum lag behing compared to the Bitcoin rally. Source: xStation5Bitcoin faces a key test as ETFs sell. A summer crypto bear market ahead?
Bitcoin slips to $76k reaching the lowest level since the May 1
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Chart of the day: Bitcoin (18.05.2026)