📉 *BTC/USDT 15m: $79,958.31 (+0.02%)*
Bitcoin just took a hit, dropping from 81K down to 79,957 in a clean 15m sweep.
*What the chart is saying right now:*
- *Price*: 79,958.31, sitting right at the 24h low of 79,561.52
- *SAR*: 80,585.24 — still above price, so trend is bearish on this timeframe
- *RSI(6)*: 15.99 — deep oversold territory. Bounce or capitulation incoming
- *MACD*: -53.87, with DIF/DEA both pointing down and histogram expanding red
- *Volume*: Spiked on the drop. 69.99 BTC on the last few candles = real selling
We rejected hard at 81,003 and haven’t found a bid since. MA(5) at 212 and MA(10) at 156 both rolling over too.
Key level now is 79.5K. Lose that and the next stop is retesting the 79.2K area from earlier this week.
Oversold doesn’t mean bottom, but it does mean risk/reward flips for scalpers watching for a wick-fill.
Not financial advice. Just reading what the candles are showing.
