Bitcoin Price Plunges Below $90K Amid Death Cross Signal and Extreme Fear Market Sentiment

Bitcoin has experienced a significant price decline, falling below the $90,000 threshold as a death cross technical pattern emerges on charts. This bearish signal has triggered widespread "extreme fear" sentiment across cryptocurrency markets, indicating heightened investor anxiety about potential further corrections. The death cross formation occurs when Bitcoin's short-term moving average crosses below its long-term moving average, traditionally signaling possible extended downward momentum in trading sessions ahead.