Bitcoin Holds $86,000 Weekly Support After $93,000 Rejection as Analysts Eye $78,000–$80,000 Liquidity Zone

Bitcoin is in a key inflection phase as it trades above the $86,000 weekly support zone while momentum weakens after a rejection near $93,000. Analyst Michael Van De Poppe notes that price remains in a short-term downtrend unless BTC can reclaim $88,000, with potential liquidity targets at $83,000 and $80,000. Another analyst, Crypto Damus, highlights that a deeper retracement toward $78,000 or even a longer-term retest around $70,000 could still fit within the broader market cycle.