The Bitcoin (BTC) market turns into a bloodbath as prices crash 3.55% over the past 24 hours, sparking panic among HODLers.
The unprecedented nosedive was accelerated by extreme selling pressure, paired with the liquidity and leverage flush that happened over the weekend, all of which contributed to the growing FUD creeping over the crypto market today.
Bitcoin’s Current Market Scenario
At the time of writing, Bitcoin (BTC) dips to $75,900.97, down 3.55% over the past 24 hours, pulling its total market capitalization to approximately $1.51 trillion. The persisting fear sentiment among bagholders spirals into extremity as the market crumbles under paper hands in relation to the rising uncertainty within the broader crypto market.
Bitcoin broke below its 100-week SMA ($85k) and 2026 opening price ($87.5k), invalidating a critical bullish structure. While RSI7 hit 13.1 (oversold), the MACD histogram (-1,438) signals bearish momentum.
Key Market Metrics
Fear & Greed Index: 14 (Extreme Fear)
Market Sentiment: Bearish
Supply Inflation: 0.85% (Low)
Bitcoin Dominance: 59.34%
Volatility: 4.43% (Medium)
Bitcoin Price Prediction: Today, Tomorrow, & This Week
The following table posits a grim fate for Bitcoin bagholders as prices stagger and crash over the week, spiking market uncertainty along with it. Starting at an average of $77,171.22 on Tuesday, prices may dip to an average of $66,073.24 as Saturday approaches.
