Bitcoin (BTC) became a volatility in the weekly closing on April 6, because the fears before the stock exchange accident contrasted with BTC price -stubborn price goals.
BTC/1-hour chart. Source: Cointelegraph/TradingView
Cramer CNBC: 1987 Crash Not “Off the Stael”
Data from CointeLraph Markets Pro i TradingView He showed that BTC/USD fell below USD 80,000 during the day, which is a 3% decrease from the beginning of the week.
In the days between them, several flash variability duels appeared, because American trade tariffs and recession fears caused grave losses in risk assets.
In particular, USA shares recorded significant losses, with both the S&P 500 index and Nasdaq Composite ending the commercial session on April 4 by almost 6%.
“Trump’s tariff announcement this week determined the $ 8.2 trillion exchange value – more than lost in the worst week of the financial crisis in 2008”, author and financial commentator Holger Zchaepitz summarized In response to X.
Bloomberg World Exchange Market Capitalition Chart. Source: Holger Zschaepitz/X
Indigent closure meant that some wondered how the coming week would open, compared to the “Black Monday” disaster from 1987 in social media.
“It is difficult to build a new, weaker, world order in flight”, Jim Cramer, host of the CNBC segment “Mad Money”, he argued on X at the weekend.
“Throughout trying to do it, but I don’t see anything that turns off the script from October 87 from the table. Those who hurt with fish … so far.”
1-day S & P 500 chart. Source: Cointelegraph/TradingView
Cramer warned before the 1987 script, which played live, but then justified These control mechanisms in the form of market switches “can slow down”.
Bitcoin circles also saw bold forecasts regarding the behavior of markets in the compact period. Max Keizer, a popular but controversial supporter of Bitcoin, even called to BTC/USD to reach gigantic USD 220,000 before the end of the month.
“Mega disaster in the style of 1987 will push Bitcoin to $ 220,000 this month, because trillions in wealth are looking for Ultimate Safe Haven: Bitcoin”, he wrote In part X the answer to Cramer.
Bitcoin is based on copycat btc price dive
Among traders, divergent moods over bitcoins and actions were more and more evident.
Related: The risk of Bitcoin failure up to USD 70,000 in 10 days is growing – the analyst claims that this is a “practical bottom” BTC
After withstanding the worst tariff shock last week, many argued that the coming days can even cause clear additional BTC prices.
$ Btc – #Bitcoin: Of course, we can first accept. However, I think that we will soon see the last push of this cycle. pic.twitter.com/dp6otpge16
– Crypto Caesar (@cryptocaesarta) April 5, 2025
Bitcoin is preparing for a breakthrough next week – the $ 150,000 mileage can only start!$ Btc #Bitcoin pic.twitter.com/jnwnoihnwo
– @cryptoelltes (@cryptooeelites) April 5, 2025
“The variability of $ BTC is lower and lower, while $ vix (variability indicator) on the actions has closed at the highest level since the Covid disaster in 2020”, the popular Daan Crypto Trades trader recognized In its latest analysis.
“This is quite unusual, and thanks to this compression I am sure that a large cryptographic movement will also take place next week. Regardless of whether it is up or down, it comes down to whether the supplies can find the bottom at the beginning of the week or not, I assume.”
BTC/USD vs. VIX variability indicator. Source: Daan Crypto Trades/X
Another Cas Abbe trader suggested that the last $ 76,000 mines on BTC/USD may end in a classic false failure.
“It does not look different than a dump after ETF and a disaster in August 2024.”, He he said X followers.
“I am waiting for a weekly recovery of $ 92,000 to confirm the return.”
1-week BTC/USDT chart. Source: CAS ABBE/X.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.