Bitcoin Slides to $71,350 on 18 March 2026 as $77K Resistance and Weak Consumer Sentiment Define Outlook

On 18 March 2026, Bitcoin traded around $71,350, down about 3.42% in 24 hours, with a market cap near $1.43 trillion and daily volume at $42 billion. Analysts tracking the University of Michigan Consumer Sentiment Index note that historically, Bitcoin price bottoms have tended to form when sentiment is depressed, while trader Merlijn The Trader highlights $77,000 as a key resistance level separating a potential bullish continuation from a deeper correction.