Bitcoin falters below $86,500 after $89,500 rejection; key supports at $85,000–$84,500

Bitcoin attempted a recovery toward $89,500 but reversed, trading below $86,500 and the 100-hour SMA after a trendline break at $87,250. The price formed a low at $84,421 and is consolidating, with resistance at $86,600–$87,000 and $88,000, while supports sit at $85,000, $84,500, $83,200 and $82,500.