Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus

May 17, 2026

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Recovery Hopes Fade Unless Resistance Levels Break

Bitcoin Stays Range-Bound As Market Awaits Breakout Signal

Currently, holding above this support remains important for maintaining short-term stability. However, if Bitcoin breaks decisively below it, the next downside target could be around $77,000 as bearish pressure intensifies.

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BTC(BTC)
$0
--(Last 24h)
SpotFutures
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