Bitcoin Must Hold $94k Next, Says Trader As BTC Price Dips At Us Open (2026)

Bitcoin halted its bullish BTC price rebound to dip below $96,000 on news that Middle East geopolitical tensions were easing.

Bitcoin (BTC) sold off at Thursday’s Wall Street open as traders eyed the next key support levels.

Bitcoin support levels come into play as the US trading session starts with a correction.

Various trendlines line up as part of bulls’ task to reclaim lost support around the $100,000 mark.

Speculators waste no time selling their BTC at a profit.

Data from TradingView showed BTC price shedding over 1% versus the daily open, hitting lows of $95,563 on Bitstamp.

The weakness meant that BTC/USD joined oil in diverging from stocks and precious metals, which were up on reports that geopolitical tensions between the US and Iran were de-escalating.

BREAKING: President Trump has told Iran he does not want war and will not launch an attack, according to Iran’s ambassador to Pakistan.Oil prices are down sharply on the news. pic.twitter.com/5U75aRUpPm

Now, market participants turned to levels in need of preservation during a potential correction within the local uptrend.

“Critical for the bulls to hold the $94K region going forward. Any moves back down that level would not make for a pretty look,” Daan Crypto Trades wrote in a post on X after what he called a “solid breakout.”

Source: CoinTelegraph