Bitcoin (BTC) has seen a sharp pullback from its recent peak of $90,269.02, currently trading around $87,800.31. The 15-minute chart shows a significant bearish candle pushing the price below its 7, 30, and 200-period moving averages, with the RSI (14) at 21.26 indicating oversold conditions. Traders should watch for potential support around the $87,500 level, but the MACD also suggests continued downward momentum in the short term.