Analyst Says BTC Can Slip If This ‘Important’ Support Is Lost

Main cryptocurrencies plunged alongside inventory futures on Sunday night after President Donald Trump’s newest warning to Iran spooked traders.

Crypto Market Sinks

Bitcoin dived under $77,000 late within the night, whereas buying and selling quantity plunged 13% within the 24 hours.  The decline rippled via the remainder of the market, with Ethereum, XRP and Dogecoin additionally buying and selling decrease.

Over $580 million was liquidated previously 4 hours, with $550 million in lengthy positions alone erased, according to Coinglass information.

Bitcoin’s open curiosity fell 2.39% during the last 24 hours. Notably, sentiment within the derivatives market turned bullish, with retail and whale merchants on Binance growing lengthy bets.

“Concern” sentiment prevailed out there, according to the Crypto Concern & Greed Index.

Prime Gainers (24 Hours) 

The worldwide cryptocurrency market capitalization stood at $2.57 trillion, following a decline of 1.13% during the last 24 hours.

Learn Additionally: How Claude Helped Recover $395,000 In Bitcoin Without Cracking Crypto

Shares Additionally Fall After Trump’s Warning

Inventory futures ticked decrease in a single day on Sunday. The Dow Jones Industrial Common Futures fell 313 factors, or 0.63%, as of 8:47 p.m. EDT.  Futures tied to the S&P 500 dipped 0.62%, whereas Nasdaq 100 Futures misplaced 0.90%.

Geopolitical tensions remained elevated as Trump instructed Iran that “clock is ticking,” urging them to behave swiftly or else “there gained’t be something left of them.”

Extra Ache To Observe?

Michaël van de Poppe, a preferred cryptocurrency analyst and dealer, recognized $76,000 as an “vital” assist stopping Bitcoin from testing new lows.

“If that stage is misplaced, I might assume that the markets will see an extra downwards fall in the direction of decrease boundaries,” Van De Poppe acknowledged.

The present Bitcoin worth motion does not shout for brand new lows.

It is consolidating after a run of 40%.

That is very wholesome and there should not be a conclusion that we’re going to take a look at these lows, but.

The one stage that’s vital and stopping the markets of doing that’s… pic.twitter.com/WipRRJ5JlU

— Michaël van de Poppe (@CryptoMichNL) May 17, 2026

On comparable strains, symbiote, one other fashionable cryptocurrency commentator, warned that BTC’s each day shut under $75,000 may speed up a transfer towards $60,000.

$BTC

Fascinating that, apart from my bearish place, over previous month, every 1D FVG was retested and we pumped from it will definitely

However this one is likely to be an exception because of damaged trendline

and if we lose $75K and shut under, $60K can come even sooner

Notifs on, I am going to replace u https://t.co/7v0MK99m2t pic.twitter.com/yF3hkQncZa

— symbiote (@cryptosymbiiote) May 17, 2026

Learn Additionally: Coinbase CEO Says CLARITY Is ‘Closer Than Ever’ — Here’s Why Crypto Investors Care

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This article Bitcoin, Ethereum, XRP, Dogecoin Fall Amid Trump's 'Clock Is Ticking' Iran Warning: Analyst Says BTC Can Slip If This 'Important' Support Is Lost initially appeared on Benzinga.com

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