However I think we will see the last push of this cycle soon.pic.twitter.com/dp6otpgE16— Crypto Caesar (@CryptoCaesarTA) April 5, 2025Bitcoin is gearing up for a breakout next week — the $150K run might just be starting! $BTC #Bitcoin pic.twitter.com/jNWNoiHnwo— @CryptoELlTES (@CryptooELITES) April 5, 2025“$BTC Volatility going lower and lower while the $VIX (Volatility Index) on Stocks has closed at the highest level since the Covid Crash in 2020,” popular trader Daan Crypto Trades acknowledged in his latest analysis.“This is pretty unheard off and due to this compression I'm pretty confident a large move for crypto is going to occur next week as well.
Max Keiser, the popular yet controversial Bitcoin supporter, even called for BTC/USD hitting a giant $220,000 before the end of the month.“A 1987 style mega crash will push Bitcoin to $220,000 this month as trillions in wealth seek the ultimate safe haven: Bitcoin,” he wrote in part of an X response to Cramer. Bitcoin resists copycat BTC price diveAmong traders, the diverging sentiment over Bitcoin and stocks was increasingly apparent.
Source: Holger Zschaepitz/XThe poor close caused some to wonder how the coming week would open, with comparisons to the “Black Monday” 1987 crash surfacing across social media.“It's tough to build a new, weaker, world order on the fly,” Jim Cramer, host of CNBC’s “Mad Money” segment, argued on X over the weekend.“Frantically trying to do it but don't see anything yet that takes the October 87 scenario off the table yet.
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by William Suberg
The story "Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun" has 635 words across 21 sentences, which will take approximately 3 - 6 minutes for the average person to read.
Which news outlet covered this story?
The story "Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun" was covered 1 days ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 69 news stories per day.
It's most recent story was published 7 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.