Bitcoin: Plunges Below $84,000

Bitcoin plunges below $84,000 to $83876.02 on the 4h chart, extending the bearish trend that has dominated price action over the past six months.

Price tests the lower Bollinger Band support near $84315.6 while the EMA50 at $84913.56 caps any bounce and the EMA200 at $81952.19 looms as the next structural floor. The MACD death cross at 95.03 reinforces downside momentum even as RSI at 36.68 remains neutral.

Institutional desks now recalibrate BTC price prediction models and watch for signs of a broader crypto market crash as volatility exhausts at these levels.