Bitcoin: Drops $1,500 After US Market Open
Bitcoin drops $1,500 in six hours after US open, erasing $30 billion market cap with BTC at $77,221 amid bearish 4h structure.
SourceAnalysis
Bitcoin started dumping right after the US market opened on May 21, 2026, falling $1,500 in six hours and wiping out over $30 billion from its market cap.
Price action shows BTC trading inside the Bollinger Bands with upper resistance at $78,042.75 while the 50-EMA at $78,152.88 and 200-EMA at $77,377.29 act as layered resistance overhead. RSI at 45.22 keeps momentum neutral yet the MACD golden cross hints at underlying strength that could stall the slide near lower band support at $76,255.08.
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