Bitcoin$BTC is currently showing high-octane volatility on the 15-minute chart, plummeting from an intraday high of $88,592 to find frantic support near $86,891 as bears dominate the immediate trend. Despite a 0.41% dip and a series of aggressive red candles breaking through key levels, a sharp "V-shaped" recovery is sparking to life, with the price currently surging back toward $87,349. This rapid rejection of the lows suggests a massive tug-of-war between liquidations and dip-buyers, making this a critical "make-or-break" moment where Bitcoin must reclaim the $87,750 zone to invalidate the bearish momentum and ignite a fresh rally.
Would you like me to analyze the support and resistance levels more deeply to identify a potential entry point?
