💫 BTC is now reacting from the same resistance area highlighted in today’s analysis. Price failed to hold above $78,600–$80,000 and has started moving lower toward the broader support line near $74,300–$74,500.
This is an important moment ❗️
1️⃣ U.S. spot BTC ETFs recorded $201.9M in net outflows on Friday, ending a 9-day inflow streak.
2️⃣ Markets now price around a 60% chance of a Fed rate hike in September after hawkish comments from Kevin Warsh.
3️⃣ Oil jumped roughly 3–6% today amid renewed U.S.–Iran tensions, adding fresh risk-off pressure.
The resistance is working well — now we are watching whether sellers can push BTC toward $74.4K.
$BTC
This is an important moment ❗️
1️⃣ U.S. spot BTC ETFs recorded $201.9M in net outflows on Friday, ending a 9-day inflow streak.
2️⃣ Markets now price around a 60% chance of a Fed rate hike in September after hawkish comments from Kevin Warsh.
3️⃣ Oil jumped roughly 3–6% today amid renewed U.S.–Iran tensions, adding fresh risk-off pressure.
The resistance is working well — now we are watching whether sellers can push BTC toward $74.4K.
$BTC