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60/100 Bearish 04.05.2026 · 11:37 Finrend AI ⏱ 1 dk 👁 6 TR

Bitcoin Plunges from $80,500 to $78,000 in Sharp Selloff

Bitcoin, after surpassing $80,500 to hit a three-month high, faced a sharp selloff driven by geopolitical developments. Rising tensions in the Strait of Hormuz triggered a sudden downturn in the cryptocurrency market. Claims that Iran's Revolutionary Guard targeted a US vessel created a geopolitical shock in markets. This development, coming shortly after US President Trump's announcement of a naval mission described as a 'humanitarian gesture,' negatively impacted investor risk appetite. Amid this geopolitical uncertainty, Bitcoin quickly retreated to the $78,000 level, erasing most of its peak gains. Analysts suggest that volatility could persist if tensions in the region remain high. This is not investment advice.

📊 BTC — Piyasa Yorumu

▼ down · 60%

The news headline indicates that Bitcoin experienced a sharp decline from $80,500 to $78,000, pointing to negative short-term market sentiment. Technical indicators present a neutral picture, with the RSI at 51.5, neither in overbought nor oversold territory. Although the MACD line remains above the signal line, the price hovering just above the 20-day and 50-day moving averages provides weak support. The selling pressure generated by the news may override the neutral signals from technical indicators and strengthen the bearish trend.

RSI 14
51.6
MACD
51.91
24h Δ
0.70%
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