Bitcoin: Credit Tightening Accelerates Selloff

Bitcoin is tanking because of ongoing tightening of credit conditions, @Andre_Dragosch noted on June 4 2026.

Price sits at $63203.84 inside the Bollinger band, well below the EMA50 at $70074.45 and EMA200 at $74883.27, while MACD prints a death cross at -2430.58. RSI at 25.79 flashes oversold, yet the structure remains bearish. With price hugging the lower band support near $61124.3, any relief rally would likely stall at the 50-EMA before the next leg lower in this credit-driven crypto market crash scenario. Traders watching BTC price prediction models now focus on whether fresh liquidity can offset the tightening.