Bitcoin: Collapses to $60K in Tough Quarter

Crypto trader Michaël van de Poppe highlights the brutal past quarter for the market, where #Bitcoin plunged to $60K, #Altcoins essentially disappeared, and sentiment cratered below 10 on the fear & greed index—echoing the crypto market crash vibes from last year's dips but setting up for potential rebounds in BTC price prediction scenarios.

Zooming into the 4h BTC chart, price action screams bullish resilience at $78,341.63, hugging that upper resistance band at $78,318.39 while the EMA50 at $76,908.7 and EMA200 at $74,313.58 anchor solid support below. MACD's golden cross at 184.49 fuels the upside momentum, but with RSI neutral at 63.36, we're eyeing a quick test of that lower support at $75,025.28 for volatility exhaustion—classic confluence for institutional buyers to pile in before pushing toward fresh highs, especially if altcoin hype around TAO and RAVE spills over into broader market recovery.