Bitcoin Dips Below $89,000 as Bull Correction Deepens— What’s Next for BTC Price?

The Bitcoin price

On the downside, price is drifting toward a thinner liquidity pocket, where moves often become faster because there is less historical volume to “catch” the price. That puts focus on the $88,000–$87,000 area first, and then the broader support zone around $85,000–$84,000 if sellers stay in control. For bulls, the immediate job is simple but tough: reclaim $91K, then push through $92K to flip the volume shelf back into support; otherwise, the path of least resistance remains lower.

What’s Next for the BTC Price Rally?

Bitcoin’s break below the $89,000 region keeps the near-term bias tilted to the downside, and the volume profile adds weight to that view. With a thick supply shelf sitting around $91,000–$92,000, any bounce that fails to reclaim this band is likely to be sold into. If BTC price cannot stabilize above the $88,000–$87,000 area, a move toward $86,000 becomes a credible next target, with a deeper slide potentially extending to $85,000–$84,000.

However, if buyers manage a sharp recovery and flip $91K–$92K back into support, the correction can remain contained. Besides, the market could shift back into a consolidation phase rather than a prolonged drawdown.

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