FRIDAY CRYPTO CHECK: BTC TESTS $80K
Bitcoin entered today around the $80K area after a powerful weekly advance.
The important part now isn't predicting the next candle — it's watching how the market responds to today's major catalysts.
Market snapshot:
₿ $BTC : ~ $79.7K
♦ $ETH : ~ $2.5K
🟡 $BNB : ~ $711
The market is dealing with several major variables:
• Jackson Hole: Fed Chair Kevin Warsh emphasized inflation and signaled that further policy action remains possible.
• BTC options: roughly $6.4B in Bitcoin options expired today.
• $80K: Bitcoin has repeatedly interacted with this psychological area during the current move.
After the speech, BTC briefly fell below $78K before recovering toward the $79K area.
#FedSeptRateHikeOddsRiseTo57% #WarshSaysInflationIsFedTopFocus #SchwabPlansToAddSOLAVAXLINKTrading #USShortTermTreasuryYieldsJump #SchwabPlansToAddSOLAVAXLINKTrading
Bitcoin entered today around the $80K area after a powerful weekly advance.
The important part now isn't predicting the next candle — it's watching how the market responds to today's major catalysts.
Market snapshot:
₿ $BTC : ~ $79.7K
♦ $ETH : ~ $2.5K
🟡 $BNB : ~ $711
The market is dealing with several major variables:
• Jackson Hole: Fed Chair Kevin Warsh emphasized inflation and signaled that further policy action remains possible.
• BTC options: roughly $6.4B in Bitcoin options expired today.
• $80K: Bitcoin has repeatedly interacted with this psychological area during the current move.
After the speech, BTC briefly fell below $78K before recovering toward the $79K area.
#FedSeptRateHikeOddsRiseTo57% #WarshSaysInflationIsFedTopFocus #SchwabPlansToAddSOLAVAXLINKTrading #USShortTermTreasuryYieldsJump #SchwabPlansToAddSOLAVAXLINKTrading
