Bitcoin: Dumps $1,900 in 4 Hours

Bitcoin just erased its entire recent pump with a sharp $1,900 drop in four hours, swinging wildly in the last 12 hours: first dumping $1,200 from $81.2k to $80.3k, then surging $2,100 to $82.4k, before plunging back $1,900 to $80.5k. This volatility liquidated $370 million in longs and shorts, underscoring the brutal crypto market crash risks as traders chase BTC hype amid ongoing Bitcoin volatility.

On the 4-hour chart, Bitcoin holds a bullish trend structure with price at $80,678.78 sitting above the EMA50 at $80,198.27, acting as immediate support, while the EMA200 at $76,387.74 reinforces longer-term bullish confluence. Momentum stays neutral with RSI at 49.91, but MACD's 234.87 signals a golden cross bullish bias; price trades inside Bollinger Bands, eyeing upper resistance at $81,793.08 for potential exhaustion or a breakout, though a dip to test EMA50 support looks likely before resuming upside in this volatile BTC price prediction setup.