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Bitcoin dips to $76,500 amid market uncertainty and technical risks of deeper correction.

Market News
18 May 2026
TheNewsCrypto
View Source
Bearish
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Bitcoin's price fell to a three-week low of $76,500, erasing gains since May 1, amid market uncertainty and technical signals suggesting a potential deeper correction. The cryptocurrency dropped from recent highs above $83,000 driven by optimism around US legislation and ETF inflows. Analysts warn that if Bitcoin breaks below the key support level of $76,000, it could fall further to $71,000–73,000 or even $65,000, representing a possible 16% decline. Market watchers remain cautious as geopolitical tensions and oil price volatility add to the risk environment for crypto investors.

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