Bitcoin Price Holds Strong as US Stocks Crash – Will BTC Break $84K Next?

Bitcoin price is holding above $83,000 even as US stocks face a severe market crash. The Nasdaq Index has dropped 11% in just two days. Traditional safe-haven assets like Gold and Silver are also down. Yet, the crypto market stays strong, led by BTC. This contrast signals a shift in market behavior. Some experts believe Bitcoin is decoupling from stocks, while others view it as a hedge against unstable government and financial systems. The current resilience of BTC is raising questions and hopes. Let’s explore what’s fueling this trend and if it can last.

Bitcoin Stands Firm While Wall Street Bleeds

The US stock market crash continues. Nasdaq lost over 2,000 points in just two sessions. That’s an 11.4% drop. Gold, Silver, and tech stocks also fell. But Bitcoin price remains above $83,000. Blockstream CEO Adam Back says Bitcoin is decoupling. He thinks earlier correlations with stocks were artificial. Market makers might have used BTC liquidity to sync it with equities. Bitcoin’s strong performance may show it’s a hedge against global policies, not the stock market. 

Returns Since Liberation Day:
🟢 BTC: +2.2%
🔴 Gold: -2.9%
🔴 SPY: -10.5%
🔴 QQQ: -11.2%

Magnificent Seven:
🔴 MSFT: -5.8%
🔴 GOOGL: -7.3%
🔴 AMZN: -12.8%
🔴 META: -13.6%
🔴 NVDA: -14.6%
🔴 TSLA: -15.3%
🔴 AAPL: -15.9%

— Ryan Rasmussen (@RasterlyRock) April 4, 2025

Jeff Dorman from Arca said Bitcoin is not a market hedge. He calls it a hedge against governments and banks. Still, not all signs are bullish. On-chain activity is slowing. Analyst Ali Martinez says exchange-related activity is falling. This may hint at weak investor sentiment. Kyledoops added that BTC is stuck in a 50/50 zone. It could bounce or drop fast. Despite mixed opinions, Bitcoin is showing rare strength. It might stay strong if trust in the system keeps falling.

Bitcoin Intraday Trends of April 5

The trading day of April 4 began with a bearish signal as a death cross appeared on the MACD at 00:45 UTC, setting the stage for early selling pressure. However, bulls fought back with a golden cross at 5:00 UTC, sparking a temporary rally that peaked at $84,724.03. This resistance level aligned with the RSI entering overbought territory between 7:05 and 8:50 UTC. Bearish momentum took over again when a MACD death cross occurred at 8:55 UTC, dragging prices lower. By 10:15 UTC, Bitcoin hit support at $81,664.74, as RSI indicated oversold conditions.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 5, 2025

As shown in Chart 1, at 11:45 UTC, a golden cross revived bullish sentiment, pushing the price upward. The rally met resistance once more at 17:45 UTC, when RSI re-entered overbought territory. A MACD death cross at 18:15 UTC then reversed the trend. On April 5, the downtrend continued with a death cross at 2:00 UTC. RSI showed oversold levels at 6:45 UTC, hinting at a possible bounce. A golden cross at 7:25 UTC signaled a new bullish phase. According to the BTC price prediction, if buyers maintain control, the price may break $84,724.03. Otherwise, failure to hold momentum could send it back to test the $81,664.74 support.

Bitcoin Price Prediction

Bitcoin’s resilience during the current market crash shows growing trust in it as a non-traditional asset. While traditional markets bleed, the Bitcoin price remains steady above $83,000. This suggests investors may view it as a safe haven amid economic uncertainty. However, declining exchange activity signals caution. In the short term, if the bullish momentum holds, Bitcoin could retest the $84,724 resistance. But if bearish pressure builds again, it may drop to the $81,664 support. The crypto market remains on edge as volatility continues.