Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin shows warning signs of a potential drop to $41,000, mirroring 2018 bear market patterns.

Technical Signals
19 May 2026
Finbold
View Source
Bearish
pluang ai news

Bitcoin is facing strong resistance near its 200-day moving average around $81,000, signaling a possible correction similar to the 2018 bear market. The current price action and technical indicators like the weekly RSI suggest weakening momentum and a potential consolidation phase before a further decline. Analysts project Bitcoin could fall toward the $41,000 region, identified as a possible bear market bottom. Key support levels to watch are $75,733 and $66,898, while resistance stands near $78,258 and $84,569, with a breakout above these potentially boosting bullish momentum.

More News (BTC)

Bitcoin rebounds above $62K amid U.S.-Iran conflict and rising inflation fears.

Bitcoin rebounds above $62K amid U.S.-Iran conflict and rising inflation fears.

Bitcoin briefly dipped below $61,000 following U.S.-Iran military clashes but quickly recovered to above $62,000, pushing the crypto market valuation to $2.21 trillion. The volatility wiped out nearly $94 million in leveraged bitcoin trades. The geop...

Market News
Neutral
5 hours ago
Cryptocurrency prices show mixed movements with Bitcoin up slightly and many altcoins down.

Cryptocurrency prices show mixed movements with Bitcoin up slightly and many altcoins down.

Cryptocurrency prices exhibit varied changes, with Bitcoin rising modestly to $61,845 while Ethereum and several altcoins like XRP, Solana, and Cardano decline. This mixed performance reflects ongoing market volatility and investor caution. Traders s...

Market News
Bearish
5 hours ago
Whales quietly bought Bitcoin near $60K, pushing the Exchange Whale Ratio to 61.6%.

Whales quietly bought Bitcoin near $60K, pushing the Exchange Whale Ratio to 61.6%.

Crypto data from Cryptoquant shows that large Bitcoin holders, known as whales, quietly accumulated Bitcoin around the $60,000 to $61,000 price range as retail investors panicked. The Exchange Whale Ratio spiked to 61.6%, indicating that whales domin...

Technical Signals
Bullish
6 hours ago
Bitcoin hovers below $62K amid Ethereum, XRP, Dogecoin declines on Iran war fears.

Bitcoin hovers below $62K amid Ethereum, XRP, Dogecoin declines on Iran war fears.

Bitcoin remains just under $62,000 after rebounding from recent lows, while Ethereum, XRP, and Dogecoin fell up to 2.5% due to concerns over the Iran conflict. Institutional interest in Ethereum is rising, highlighted by Fidelity's largest purchase i...

Market News
Neutral
6 hours ago
Bitcoin drops below $62K as US-Iran tensions spike, wiping out post-inflation gains.

Bitcoin drops below $62K as US-Iran tensions spike, wiping out post-inflation gains.

Bitcoin briefly rose above $62,400 after US inflation data met expectations, easing fears of accelerating price pressures. However, renewed geopolitical tensions between the US and Iran, including threats of military action by former President Trump,...

Market News
Bearish
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App