Bitcoin Quick Market Update (Fresh Analysis)
Price: $86,100
24h Change: –5%
24h High: $91,934
24h Low: $85,563
Bitcoin has faced another strong sell-off, dropping sharply from the $91K level and hitting a new local low near $85,500. The 1-hour chart shows a clear breakdown with heavy red candles, indicating panic selling and high liquidation pressure in the last few hours.
Key Points:
BTC dropped more than $6,000 within the past 24 hours.
The market is still dominated by bearish momentum as sellers remain active.
Order book also shows more selling pressure, keeping BTC below $87K.
Price is attempting a small bounce, but momentum is still weak.
What to Watch Next:
Support Zone: $85,000 – $85,500
If this breaks, BTC could move toward the $83K–$84K level.
Resistance Zone: $88,000 – $89,000
Bitcoin needs to reclaim this area for any short-term recovery.
Market Sentiment:
Still bearish due to liquidations, fear, and macro uncertainty. Volatility is high, so strong moves can happen in either direction.
