Bitcoin: Crashes 5% to 21-Month Low

Bitcoin crashes 5% in thirty minutes to a 21-month low, triggering $460 million in liquidations as BTC tests lower Bollinger support near $59312.33 while the 4h chart prints a death cross with MACD at -868.3 and price stuck below EMA50 resistance at $63019.99 and EMA200 at $67632.67 amid neutral RSI 32.28 inside the bands. This crypto market crash accelerates downside momentum after repeated failures to reclaim the upper band at $65523.37, confirming bearish trend structure that aligns with recent BTC price prediction models flagging extended distribution phases. Institutional desks now watch for a potential bounce only if price reclaims the EMA50 confluence zone before further liquidation cascades widen the crypto market crash footprint across correlated assets.