Bitcoin May Selloff Debate: Analysts Split on 33,000–78,000 Support Levels

According to Cointelegraph on May 18, analysts diverge on whether Bitcoin will repeat historical May declines. Merlijn Enkelaar predicts a potential drop to 33,000 USD, while Joao Wedson warns of a capitulation sell-off if Bitcoin falls below 78,000 USD. Jeff Ko argues that current spot ETF adoption and institutional inflows create a wider buyer base; he sees 58,000–60,000 USD as a more realistic support level, with a drop to 33,000 USD requiring systemic collapse. Michaël van de Poppe suggests current price action signals consolidation after a 40% gain, with 76,000 USD as a key support level.