Bitcoin's slip from $90K down to $86K was essentially a classic failure to hold a key level. Buyers couldn't sustain momentum above the psychological ceiling, and once that level gave way, the stop-loss cascade kicked in. The selloff looked dramatic on the surface, but structurally it's exactly what you'd expect when a crowded long trade starts to unwind.

At the moment, I'm watching the $84K–$86K band closely. This zone has acted as a reasonable demand pocket in previous pullbacks, and if buyers step in with conviction, the market can stabilise quickly. A clean hold here would frame this entire move as a standard bull-market retracement rather than the start of anything deeper.

The real inflection point, in my view, sits slightly lower at $82K–84K. If that area gives way, the market naturally gravitates toward the next major support at $78K–80K, which is where I'd expect stronger buyers to re-enter. I'm not treating these as hard predictions, but as the levels I'd map out as the most likely magnets if selling pressure continues.

For context, Bitcoin has always thrown out 10–20% corrections even in aggressive uptrends. These moves reset positioning, flush out weak hands, and clear the path for the next leg. Nothing about this pullback breaks the broader trend; it's simply part of Bitcoin's normal volatility cycle, especially after the kind of run-up we've had.

So for now, my stance is straightforward: protective of the $84K region, cautious if it cracks, and fully expecting buyers to defend $80K if we get there. Trend is still intact, but this week will reveal whether the market keeps the higher-low structure or needs a deeper reset.