\#Bitcoin faced a rejection after its recent bullish push. 📉 While price rallied strongly, it failed to sustain higher levels, initiating a short-term correction. This pullback appears healthy, following a strong rally rather than indicating a trend breakdown.

Currently, Bitcoin is moving lower but remains above a crucial support area. The zone around 86,400 is a significant support where buyers could potentially re-enter the market.

As long as this key level holds, the overall market structure stays bullish. Price could attempt another move higher after this period of consolidation.

🎯 **Key Levels to Watch:**

* Immediate Support: 88,000
* Major Support: 86,400
* Resistance Zone: 89,800 – 90,600

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If price firmly holds above 86,400, long positions may be considered upon clear confirmation. A clean bounce from this support could pave the way back towards the 90,000 zone. 📈

Conversely, a sustained break below 86,400 would indicate a deeper correction. Caution is advised in such a scenario. ⚠️

Remember, this is a normal pullback phase after a strong bullish run. Patience and robust risk management are crucial during this period. 🙏

$BTC
(BTCUSDT)