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Bitcoin’s price dropped below $ 80k while Stock Faced 1987 Black Monday Rerun


Bitcoin (Btc) volatility is open on weekly near April 6 in fear of a stock market crash that contrasts with BTC price targets.

Bitcoin price, market, stock, market review

BTC/USD 1-Hour chart. Source: Cointelegraph/TradingView

The CNBC Cramer: 1987 Crashing No “on the table”

Data from Cointelegraph Markets Pro and Tradingview BTC/USD showed down $ 80,000 in the day, down 3% since the beginning of the week.

The days in between saw many flashing flashs as the US trade tariffs and backwards concerns have contained major losses at risk ownership.

US stocks specifically Significant losses have been recorded.

“Trump’s tariff announcement this week wiped $ 8.2 trillion on stock market value – more than lost to the worst week of financial crisis in 2008,” with financial commentators Holger Zchaepitz -set Summary In a response to X.

Bloomberg World Exchange Market Capitalization Chart. Source: Holger zschaepitz/x

The poor closely caused some to wonder how the coming week would open, with comparisons with the “Black Monday” 1987 crashing that appears throughout social media.

“It’s hard to build a new, weaker, World Order on the Fly,” Jim Cramer, host of CNBC’s “Mad Money” segment, Argued to X over the weekend.

“Frantically trying to do this but haven’t seen anything that takes the October 87 scenario on the table.

S&P 500 1-day chart. Source: Cointelegraph/TradingView

Cramer had previously warned about a 1987 scenario playing live in the air, but subsequent reasoning Those control mechanisms in the form of market circuit breakers “things can be slow.”

Bitcoin circles also saw some daring predictions on how markets act in the short term. Max Keizer, the famous but controversial supporter of Bitcoin, also called for the BTC/USD whipping a giant $ 220,000 before the end of the month.

“A mega -style of the 1987 mega crashing write In part of an X response to Cramer.

Bitcoin is resistant to copycat btc price dive

To entrepreneurs, the diverging sentiment in bitcoin and stock is Especially apparent.

Related: The risk of Bitcoin crashing at $ 70k in 10 days increase – the analyst said ‘practical bottom’ of BTC

After the worst of the tariff shock last week, many argue that the coming days may result in the pronounced price of BTC.

“$ BTC Volatility dropping and lower while the $ VIX (Volatility Index) in stocks closes to the highest level since the covid crash in 2020,” famous businessman Daan Crypto Trades identified In his latest review.

“It’s a bit unheard of and because of this compression I’m pretty confident that a big move for crypto will also take place next week. Whether it’s up or down to whether the stocks will find a bottom early in the week or I’m not assumed.”

BTC/USD compared to the VIX Volatility Index chart. Source: road crypto trades/x

Fellow businessman Cas Abbe suggested that Recent $ 76,000 lows With BTC/USD can end as a classic fake breakdown.

“It looks no different than the post-EPF dump and August 2024 crash,” he he he he said X followers.

“I am waiting for a weekly reclaiming of $ 92,000 to confirm the uprising.”

BTC/USDT 1-week chart. Source: cas abbe/x

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.