Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun

Bitcoin (BTC) raised a volatility at the end of the weekly week on April 6, as fears in the stock market are contradicted with the budc targets.

CNBC’s Cramer: 1987 collision is not “out of the table yet”

Data from Cointelegraph Markets Pro and Tradingvief BTC/USD has shown less than $ 80,000 a day, a decrease of 3 % since the beginning of the week.

The days between them witnessed several episodes of flash fluctuations, as the American customs tariffs and recession resulted in great losses through risk origins.

American stocks in particular recorded significant losses, as both the S&P 500 index and the nasdaq index decreased in the trading session on April 4 by approximately 6 %.

“Trump’s tariff announcement this week has spent $ 8.2 trillion of market value shares – more than lost in the worst week in the 2008 financial crisis.” summary In response to X.

The poor caused some to wonder how it will open next week, with comparisons with the “Black Monday Monday” in 1987 in the emergence of the surface on social media.

“It is difficult to build a new, weaker and global system on flying.” Argue On X during the weekend.

“You are trying to do so, but you don’t see anything yet takes the scenario of October 87 out of the table until now. Those who suffer from a bottom sleep with fish … so far.”

Kramer had previously warned of the 1987 scenario that plays directly on the air, however After that The mechanisms of controlling the form of the market circuit “can slow down.”

Bitcoin departments have also seen some bold predictions on how markets behave in the short term. Max Keizer, a famous and controversial Bitcoin supporter, even called BTC/USD to reach $ 220,000 giant dollars before the end of the month.

“Mega Mega’s collision of 1987 will push Bitcoin to $ 220,000 this month, as trillion looking to wealth is looking at the final safe haven: Bitcoin,” books In part of the X response to Cramer.

Bitcoin resists Copycat BTC Price Dive

Among the merchants, the varying feelings of bitcoin and arrows were increasingly clear.

Related to: Bitcoin breakdown risk increases to $ 70,000 in 10 days – the analyst says it is the “practical bottom” of BTC

After steadfastness of the worst shock of the tariff last week, many have argued that the coming days could clearly increase the BTC price.

$ BTC – #BitcoinOfficourse we can decrease first. However, I think we will see the last batch of this session soon. pic.twitter.com/dp6OTPGE16

– Crypto Caesar (Cryptocaesaesa) April 5, 2025

Bitcoin is preparing to hack next week – 150,000 dollars may start running!$ BTC #Bitcoin pic.twitter.com/jnwnoihnwo

– Cryptoellltes (Cryptools) April 5, 2025

“$ BTC fluctuation decreases and less while $ VIX (fluctuation index) on shares has been closed at the highest level since Covid collapsed in 2020,” the famous trading of Daan Crypto Recognized In his last analysis.

“This has not heard by anyone, and because of this compression, I am completely confident that a big step for encryption will happen next week as well. Whether it’s up or down, it returns to whether the shares can find a bottom early in the week or not.”

Trader Cas ABBE colleague suggested that he ended up to $ 76,000 on BTC/USD as a classic fake collapse.

“This does not seem different from the post -ETF emptying and crashes August 2024,” He said X followers.

“I am waiting for a weekly restoration of $ 92,000 to confirm the bullish direction.”

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