BTCUSDT Sharp Dip Followed by Short-Term Recovery $BTC

BTCUSDT

Perp

87,817.9

-1.70%

This image shows the BTCUSDT perpetual chart on Binance using the 15-minute timeframe. Bitcoin experienced a strong sell-off from the 91,300–91,400 zone, dropping sharply to a local low near 87,787, indicating heavy bearish pressure. After forming a bottom, price rebounded with a series of higher lows and higher highs, showing a short-term recovery.

Currently, BTC is trading around 89,616, but it appears to be facing resistance near the 89,900–90,000 area. The structure suggests a relief bounce within a broader pullback, with buyers attempting to regain control while sellers remain active at higher levels.