$Bitcoin has broken below the critical $90,000 level once again, triggering a fresh wave of panic across the crypto market. This drop comes just hours after a shocking statement from Ethereum founder Vitalik Buterin.
The combination of renewed macro fear, technical breakdowns, and quantum-security concerns has pushed BTC toward its lowest levels of November.
Based on the BTCUSD chart:
The chart shows a clean breakdown below the strong $94.2K horizontal support (yellow line). After retesting the area twice, BTC failed to reclaim it and rapidly dumped to $89,300.
BTC/USD 2-hour chart - TradingView
BTC has now formed:
This signals that the bearish momentum is still very much alive.
Your chart’s Stoch RSI:
Even though BTC is in the oversold zone, there is no bullish curl yet, which usually means sellers remain in control.
Just hours ago, a headline went viral.
Why this matters today:
This headline acted as an additional catalyst in an already fragile market structure.
If Bitcoin continues the downward trajectory, here are the next technical targets:
🔸 Immediate Support: $87,500: A weak support level. Breaking it likely accelerates selling.
🔸 Secondary Support: $84,000: A short-term liquidity pocket. If BTC reaches this level, volatility may intensify.
🔻 Major Target: $82,000:
If Bitcoin breaks below $82K, the next range becomes $76K–$78K, but that scenario is not yet confirmed.

