BTC Analysis: Can Bitcoin Break $80K? 🚀

Bitcoin is trading around $78,886 after a powerful recovery, with the 4H structure still bullish.

📊 Technical Setup
• MA5: $78,495
• MA10: $77,896
• MA20: $77,578
• Major resistance: $80,000
• Momentum remains bullish, but MACD shows some short-term cooling.

🎯 Preferred LONG Setup
Entry: $77,700–$78,400
Stop Loss: $76,400
TP1: $80,000
TP2: $82,500
TP3: $85,000

🔥 Breakout Scenario
A strong 4H close above $80,000–$80,200 with volume could open the way toward $82.5K and potentially $85K.

⚠️ Risk
A decisive 4H breakdown below $76,400 would invalidate the bullish setup and increase the probability of a move toward $74K–$75K.

📰 Fundamental catalysts
U.S. spot Bitcoin ETFs recorded approximately $1.92B in weekly inflows, while Treasury bond-buyback measures have improved liquidity conditions. Markets are also watching the upcoming Jackson Hole/Fed event on August 28.

My bias: 🟢 BULLISH — but $80K is the key battle zone.

Not financial advice. Trade with a defined risk.

$BTC