
Bitcoin Slides Below $83,400 After High-Volume Overnight Sell-Off
- —The 02:00 UTC hourly candle fell from $85,525 to $83,562
- —It closed at $83,829 on 309 BTC versus 12–90 BTC in adjacent hours
- —Most of the drop came in a single candle
Why it matters: A sell-off on roughly 10x normal hourly volume points to a large seller and raises the odds of a test of the $82,500 support.
Source: Coinotag