Bitcoin fell more than 2% to around $84,200 on Wednesday after trading near $86,500 Tuesday.
BTC remains inside its recent $83,000–$87,000 range, keeping its broader bullish stair-step structure intact.
A sustained break below $82,000–$83,000 could invalidate the pattern and bring $80,000–$81,500 back into focus.
FxPro sees $84,000 as nearer-term support, with $80,000 potentially in play if it breaks.
Bitcoin slipped toward $84,200 on Wednesday, but the decline has yet to break the broader bullish price structure that has developed since July.
BTC remains inside its recent $83,000–$87,000 range, keeping its broader bullish stair-step structure intact.
A sustained break below $82,000–$83,000 could invalidate the pattern and bring $80,000–$81,500 back into focus.
FxPro sees $84,000 as nearer-term support, with $80,000 potentially in play if it breaks.
Bitcoin slipped toward $84,200 on Wednesday, but the decline has yet to break the broader bullish price structure that has developed since July.