DROPPINGGGGGGHGGGGGGGGGG ❗$BTC Sudden Drop Raises Caution Flags❗#Bitcoin just printed a sharp red candle on the 15m chart, falling from $85,279 to $84,414 a swift -1.01% dump within minutes. This abrupt move wiped out earlier gains and dragged the RSI into oversold territory.
Snapshot:
• Current Price: $84,414
• 24h High: $85,544
• 24h Low: $83,034
• RSI(6): 26.13 – entering oversold range
• Stoch RSI: 47.75 – downward pressure building
Key Zones:
• Resistance: $84,860 / $85,280
• Support: $84,200 / $83,500
Chart Insight:
The large sell-off candle with a long lower wick suggests panic selling or potential stop hunts. However, the RSI now dipping below 30 hints that a bounce could follow if buyers step in around the $84,200 support.
Tactical Play:
• Watch for stabilization above $84,200
• Bounce could retest $84,850–$85,000
• If $84K breaks, expect a move toward $83,500 next