Bitcoin’s Wild Ride: From Crash Fears to Moon Dreams 🚀💸

So, Bitcoin decided to throw a little tantrum, diving below $80K. Because, why not? Meanwhile, everyone’s panicking over a potential stock market crash, and here’s Bitcoin, like a rebellious teenager, refusing to follow the crowd.

CNBC’s Cramer: “Not Ruling Out a1987 Flashback” 🚨

CryptoMoon Markets Pro and TradingView data showed BTC/USD taking a3% dip since the week started, because apparently, that’s what all the cool assets are doing these days. Thanks to US trade tariffs and recession fears, it’s been a rollercoaster. 🎢

US stocks took a beating too, with the S&P500 and Nasdaq Composite closing down nearly6%. Holger Zchaepitz pointed out that Trump’s tariff talk wiped out more market value than the worst week of the2008 crisis. Yikes. 😬

Everyone’s wondering if we’re heading for a “Black Monday” sequel. Jim Cramer’s out here saying we’re not out of the woods yet, and those who tried to catch the falling knife might as well be sleeping with the fishes. 🐟

“Frantically trying to do it but don’t see anything yet that takes the October87 scenario off the table yet. Those who bottom-fished are sleeping with the fishes …so far.”

Cramer had previously warned about a1987 rerun, but then hoped circuit breakers could save the day. Meanwhile, in Bitcoin land, Max Keiser’s predicting $220,000 by month’s end. Because, sure, why aim low? 🤑

Bitcoin’s Not Falling for the Crash Hype 🙅‍♂️

Traders are split on Bitcoin’s next move. Some think it’s gearing up for a massive run, while others are prepping for a nosedive. Daan Crypto Trades pointed out how Bitcoin’s volatility is at odds with the stock market’s, hinting at a big move ahead. Whether it’s up or down, who knows? 🤷‍♂️

Cas Abbe sees recent lows as a potential fakeout, comparing it to past market dips. He’s waiting for a reclaim of $92,000 to confirm an uptrend. So, basically, everyone’s just guessing. Welcome to crypto! 🎉

Read More

2025-04-06 21:36