Bitcoin has plunged to $90000, demonstrating signs of a troubling rounding top pattern that points to a 6.4% decline over the last day. This decline triggered widespread panic selling among investors. The intra-day low reflects growing anxiety about market sustainability and investor confidence. However, some analysts suggest there could be a quick recovery on the horizon, depending on market reactions. It is crucial for traders to evaluate their strategies and stay informed about potential recovery indicators in the evolving crypto landscape.