🚨 $BTC FLASH CRASH: Bitcoin Dips Below $84K as Gold Smashes Records! 📉🌕
Bitcoin ($BTC) is facing a high-stakes "Black Thursday" as the king of crypto tumbled over 5% today, testing local lows near the $84,000 support level. While Bitcoin struggles, Gold has stolen the spotlight, surging to a staggering all-time high of $5,600/oz as investors flee to traditional safe havens.
🔥 Why the Market is Bleeding Today:
Gold vs. Digital Gold: Investors are ditching BTC for physical Gold amid fears of a US government shutdown and rising geopolitical tensions.
Institutional Exit: US spot ETFs recorded over $160M in outflows this week, signaling a massive cooling of institutional appetite.
Macro Pressure: The Federal Reserve's decision to maintain higher interest rates and a broader Wall Street selloff—led by a Microsoft crash—has wiped $ 1 trillion from the total crypto market cap.
Liquidity Vacuum: Fading near-term liquidity is forcing Bitcoin to trade roughly 20% below its 200-session EMA.
📈 Technical Levels to Watch:
The 4H chart shows BTC in deep oversold territory with the RSI(6) hitting a bottom-heavy 12.1.
Immediate Support: $83,524 (Current 24h Low).
Critical Floor: $79,000 – $80,000 (Correction low from October).
Resistance: $91,000 (Must reclaim to flip bullish).
🔥 Alpha Insight: While the crash feels heavy, analysts note that Bitcoin's valuation relative to Gold has hit 2016 lows, potentially marking a "peak bottom" for long-term accumulators.
