{"id":20818,"date":"2025-04-06T19:32:20","date_gmt":"2025-04-06T19:32:20","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20818"},"modified":"2025-04-06T19:32:20","modified_gmt":"2025-04-06T19:32:20","slug":"bitcoin-price-crashes-below-80k-in-anticipation-of-bloody-monday-open-for-stock-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20818","title":{"rendered":"Bitcoin Price Crashes Below $80K in Anticipation of \u2018Bloody\u2019 Monday Open for Stock Markets"},"content":{"rendered":"
\n

Bitcoin\u2019s price dropped suddenly in the past few hours, tanking from slightly less than $83,000 to below $79,000.<\/p>\n

In doing so, the market saw a spike in liquidation levels, as leveraged positions worth almost $600 million were wiped off, according<\/a> to data from CoinGlass.<\/p>\n

\"\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

The move comes following a few \u2018calm\u2019 days during which BTC was outperforming major indices, prompting many to outline its properties as digital store of value.<\/p>\n

Commenting on the matter was Jonatan Randing, a popular analyst, who outlined that BTC appears to be on its way of hitting the Weekly 50 EMA, which has historically acted as a good level of support during bull markets, promptly asking the question if we are in a bull market at all.<\/p>\n

\n

Bitcoin about to hit the Weekly 50 EMA \u2013 Historically a good level of support in bull markets.<\/p>\n

But are we in a bull market? pic.twitter.com\/otbb0xUzpw<\/a><\/p>\n

\u2014 Jonatan Randin (@JonatanRLZ) April 6, 2025<\/a><\/p>\n<\/blockquote>\n