Bitcoin was previously in a strong uptrend, steadily climbing and leading market momentum. Altcoins were also gaining traction as BTC continued its rally.
However, since yesterday, $BTC has faced a correction, dropping from $87K to $84K.
The price action indicates ongoing selling pressure, and BTC may decline further before establishing a strong support level.
Key support zones to watch are around $82K–$80K, where buyers could step in to prevent further downside.
If BTC stabilizes and finds support, it could reclaim $87K and resume its upward trend. However, market volatility remains high, and altcoins are closely mirroring BTC’s movements.
Short-term corrections are a normal part of market cycles, especially after strong rallies. Despite the pullback, the overall trend remains bullish, particularly with the Bitcoin halving event approaching.
Traders should monitor key levels and market sentiment, as BTC’s next move will likely dictate the broader crypto market's direction.