Stock Market Apocalypse: Bitcoin Price Surges as Nasdaq Crashes to Historic Lows
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The Nasdaq crash caused worldwide market instability but Bitcoin price along with the crypto market showed durable performance. Bitcoin preserved its $83,000 value during the market turmoil while other assets suffered including Gold and Silver. Bitcoin showed an unforeseen level of power during the market downturn which has started discussions about its potential role as an anti-volatility hedge. The Nasdaq Index’s 11% fall did not affect Bitcoin price stability which proves its increasing detachment from standard finance markets and encourages market participants to expect a $90K market breakout in Bitcoin cryptocurrency.
Bitcoin Resilience Amid Nasdaq Crash Sparks Debate
Bitcoin price and the crypto market displayed great strength, staying near $83,000, while traditional assets like Gold and Silver seemed weak. Bitcoin remained stable as the Nasdaq Index tumbled down over 11%, its heaviest fall since the COVID crash, forcing discussion about whether it is a hedge against market volatility. Experts remain divided on whether Bitcoin’s resilience represents an early stage of decoupling from the traditional equities, or is a manifestation of a loss of faith in global governments. Despite the rejection at $84,000, Bitcoin is seeing strong support at $81,695, with daily trading volume up 42%, to $42.5 billion.
Blockstream CEO Adam Back and many others argue that the presumed correlation of Bitcoin with equities has been artificially maintained by liquidity conditions, while other observers maintain that Bitcoin’s great strength lies in respect to being a hedge against government policies, not stock market movements. Crypto analysts continue to warn over a fall-off in exchange activity that may show collapsing investor sentiment, albeit the chance of a $90K breakout is still being entertained. Such unpredictable conduct from Bitcoin during turmoil proves the asset’s growing independence from conventional financial markets.
Bitcoin Price Trend of Last 24 Hours
The trading session begins with a bearish momentum uplifted by a golden cross which happened at around 03:20 UTC on April 4, causing Bitcoin to hit the resistance towards a level of $85,000. A death cross that happened around 18:15 UTC, signaling the turn of the trend downwards, which immediately followed a price drop. The volatility underlies the analysis’s very sound caution where they perceive that there may be some dropping engagement for investors. Those same opportunities continue to be highlighted by the RSI indicator through repeated occurrences of presenting signals for oversold as definitely even not for less savvy traders.
Chart 1, analysed by anushrivarshney2613, published on TradingView, April 5, 2025
While Bitcoin is trading at about $83,365, the analysis shows an upward bias. This means that Bitcoin has continued to show relative stability despite the fiasco of the Nasdaq, in which discussions dominate most of the safety against the overrun of general market instability. Such strong support and resistance levels indicate consolidation while waiting for a catalyst for a real move.
Bitcoin’s Promising Future: A Blend of Optimism and Caution
The future of Bitcoin price looks promising and complicated as one tends to see it. Experts and algorithmic forecasts seem to predict a world of growth with projections from $100,000 to more than $200,000 by 2025. The halving event in 2024 will serve as a platform whereupon the price rise of Bitcoin is anticipated to touch new heights. Yet, such prophecies must be put in context and taken with a good degree of reserve. The crypto market has certainly not disappointed, but it must also be taken note that regulatory changes, a particular set of global economic conditions, will be at the heart of technological advancements that will take place in the coming years and further the trajectory of Bitcoin. With the duality potential of Bitcoin from an asset class point of view continuing to be a topic of hot debate among investors and analysts, it can be a custodian for market volatility and government policies.
The post Stock Market Apocalypse: Bitcoin Price Surges as Nasdaq Crashes to Historic Lows appeared first on Coinfomania.
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