Bitcoin-dollar (BTCUSD)
82000
85000
80420
79600
77670
Fundamental
$BTC prices climbed ahead of Fed Chair Warsh's Jackson Hole keynote.
Meanwhile, spot bitcoin ETFs recorded inflows of 42.6 min USD, a ninth consecutive session of inflows, suggesting sustained institutional interest.
$BTC prices may stay volatile as markets await Warsh's keynote, which could reset rate-path expectations.
Technical
After consolidating around EMA24, $BTC BTCUSD broke above 79600. The price remains above diverging bullish EMAs, indicating a potential uptrend extension
If BTCUSD moves above 82000, the price may rise toward the next resistance at 85000.
Conversely, breaking below EMA24 and 79600 may prompt a decline toward the next support at 77670.
82000
85000
80420
79600
77670
Fundamental
$BTC prices climbed ahead of Fed Chair Warsh's Jackson Hole keynote.
Meanwhile, spot bitcoin ETFs recorded inflows of 42.6 min USD, a ninth consecutive session of inflows, suggesting sustained institutional interest.
$BTC prices may stay volatile as markets await Warsh's keynote, which could reset rate-path expectations.
Technical
After consolidating around EMA24, $BTC BTCUSD broke above 79600. The price remains above diverging bullish EMAs, indicating a potential uptrend extension
If BTCUSD moves above 82000, the price may rise toward the next resistance at 85000.
Conversely, breaking below EMA24 and 79600 may prompt a decline toward the next support at 77670.
