$BTC corrective dip into support, trend not broken

Price pulled back into the rising support after rejecting from the recent highs. The sell-off looks corrective, not impulsive momentum slowed as price approached the trendline, which suggests sellers are losing strength. This area is where buyers have previously defended structure.

If BTC holds above this support and forms a higher low, the path opens for a rotation back toward the range highs and potentially a continuation toward the psychological levels above.

Long (conditional) $BTC

Entry: 88,000 – 89,200 (on support hold / reclaim)

SL: 84,900

TP1: 92,500

TP2: 96,000

TP3: 100,000+

Failure to hold the rising support would delay the upside and open room for deeper consolidation. As long as the trendline holds, this looks like a reset not a reversal.

#ETHMarketWatch #WEFDavos2026 #USIranMarketImpact #GrayscaleBNBETFFiling #WhoIsNextFedChair