Bitcoin: Plunges Below $77,000

Polymarket flagged Bitcoin plunging below $77,000.

Price sits at $77,369.11 on the 4-hour chart inside a bearish trend structure with the EMA50 at $80,748.44 and EMA200 at $81,615.34 both acting as overhead resistance. The MACD death cross at -438.64 reinforces downside momentum while RSI at 33.09 remains neutral yet close to oversold territory. Price has slipped beneath the lower Bollinger Band support at $78,122.84, indicating short-term volatility exhaustion that often precedes a relief bounce only after a deeper test of the $76,000 region.