$BTC Plunges! Sudden Drop Triggers Caution Flags
Current Price: $84,607.85 (+0.99%)
Market Alert:
Bitcoin just experienced a sharp drop on the 15-minute chart, plunging from $85,279 to $84,414 — a swift -1.01% decline that erased earlier gains and pushed RSI into oversold territory.
Snapshot:
Current Price: $84,414
24h High: $85,544
24h Low: $83,034
RSI(6): 26.13 (oversold zone)
Stoch RSI: 47.75 (bearish momentum building)
Key Levels:
Resistance: $84,860 / $85,280
Support: $84,200 / $83,500
Chart Insight:
A sharp red candle with a long lower wick may indicate panic selling or stop-loss hunting. With RSI dipping below 30, a relief bounce could be on the table if buyers defend the $84,200 support.
Tactical Game Plan:
Watch for stabilization above $84,200
A bounce could retest the $84,850–$85,000 zone
If $84K breaks, a drop toward $83,500 is likely
Stay sharp — volatility is in play.
