{"id":40199,"date":"2026-05-18T05:38:43","date_gmt":"2026-05-18T05:38:43","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=40199"},"modified":"2026-05-18T05:38:45","modified_gmt":"2026-05-18T05:38:45","slug":"bitcoin-technical-analysis-report-18th-may-2026","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-18th-may-2026","title":{"rendered":"Bitcoin Technical Analysis Report &#8211; 18th May 2026"},"content":{"rendered":"\n<p><strong><a href=\"https:\/\/zebpay.com\/in\/buy-bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a> <\/strong>markets recovered slightly from session lows, but risk assets remained under pressure as crypto saw a sharp wave of liquidations exceeding $360 million. Altcoins continued to underperform, with selling pressure remaining heavier across the broader market. U.S. equities also trimmed some losses into the close.\u00a0<\/p>\n\n\n\n<p>Crypto-related stocks stayed weak throughout the session. Shares of Coinbase, Circle, and Galaxy each fell close to 8%, while Bullish and Bitmine Immersion led declines with losses nearing 9.5%.&nbsp;<\/p>\n\n\n\n<p>In derivatives markets, the move appeared to be driven by a broader deleveraging event. Data showed that more than $360 million in long crypto positions were liquidated over the past day, the biggest flush of bullish leverage since late March. The correction also cooled off the aggressive positioning that had built up during Bitcoin\u2019s recent push toward $82,000, following momentum around the Clarity Act in the Senate Banking Committee.<\/p>\n\n\n\n<p><strong>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/clarity-act-advances-in-us-senate\" target=\"_blank\" rel=\"noreferrer noopener\">CLARITY Act Advances in U.S. Senate: A Major Step for Crypto Regulation<\/a><\/strong><\/p>\n\n\n\n<p>At the time of writing, BTC was trading at $76,847.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"564\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/05\/image-1024x564.png\" alt=\"\" class=\"wp-image-40200\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/05\/image-1024x564.png 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/05\/image-300x165.png 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/05\/image-768x423.png 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/05\/image-1536x846.png 1536w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/05\/image-150x83.png 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/05\/image.png 1799w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>BTC witnessed a decent rally from $65,000 to $82,850, surging by almost 27%. In the weekly time frame, the asset was trading in an uptrend, forming a \u2018Higher High Higher Low\u2019 pattern. However, the bulls failed to maintain their grip on the asset, as last week saw some profit booking at higher levels, causing the price to correct to $77,000. BTC has a strong support zone between $75,000 and $73,000. If it bounces and sustains above these support levels, then we can expect the bulls to resume the upward move.<\/p>\n\n\n\n<p><strong>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Price Prediction<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Levels<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Support 2<\/strong><\/td><td><strong>Support 1<\/strong><\/td><td><strong>Asset<\/strong><\/td><td><strong>Resistance 1<\/strong><\/td><td><strong>Resistance 2.<\/strong><\/td><\/tr><tr><td>$65,000<\/td><td>$75,000<\/td><td><strong>BTC<\/strong><\/td><td>$85,000<\/td><td>$100,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Unravel everything that you need for your crypto journey via <a href=\"https:\/\/zebpay.com\/in\/blog\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay blogs<\/strong><\/a>. Get started today and join 6 million+ registered users on <a href=\"https:\/\/zebpay.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay<\/strong><\/a>!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin markets recovered slightly from session lows, but risk assets remained under pressure as crypto saw a sharp wave of liquidations exceeding $360 million. Altcoins continued to underperform, with selling pressure remaining heavier across the broader market. U.S. equities also trimmed some losses into the close.\u00a0 Crypto-related stocks stayed weak throughout the session. Shares of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32522,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[17,79,310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40199"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=40199"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40199\/revisions"}],"predecessor-version":[{"id":40202,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40199\/revisions\/40202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/32522"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=40199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=40199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=40199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}