Bitcoin Plummets: $111K to $108K in 15 Minutes
A sudden and sharp decline has shaken the market, with $BTC dropping from $111,381 to $108,425 in just 15 minutes. This rapid selloff has triggered increased volatility.
Key Stats:
- Current Price: $108,469.99
- 24h High: $111,980
- 24h Low: $108,425
- Volume: 22.7K BTC traded in 24h
- Daily Drop: -2.93%
Possible Causes:
- Large-scale sell-offs
- Fear-driven market reactions
- Macroeconomic news impacting investor confidence
Levels to Monitor:
- Immediate support at $108,000
- Potential next support zone: $106K-$105K
- Recovery zone: Above $110K with strong volume
Investor Advice:
- Exercise caution and avoid impulsive decisions
- Wait for market stabilization and monitor key levels
- Prioritize risk management