Bitcoin's been consolidating hard lately. We're watching the $86.5K-$90K range pretty closely right now—that's the battlefield.

Here's the thing: if BTC dips back down and breaks through $86.5K, don't be shocked to see us test some lower levels. We're talking $83K territory, maybe even pushing toward $80K. And when that happens? The bearish momentum likely carries on.

So basically, the range holds or cracks lower—those are your two scenarios playing out. Eyes on that support, because if it gives way, we're looking at more downside pressure ahead.