$BTC | Bitcoin (BTC)
Bitcoin is holding strong around the $79,000–$80,000 zone after a solid 20-25% pump this month, fueled by heavy institutional ETF inflows (multi-billion streak) and buzz around possible U.S. Strategic Bitcoin Reserve talk after the White House crypto meeting. Traders are watching a big $6.4B options expiry this Friday plus Fed Chair Warsh’s Jackson Hole speech for the next move bulls eye $100K by year-end if macro stays friendly, while max-pain levels near $78K could bring short-term volatility.
Bitcoin is holding strong around the $79,000–$80,000 zone after a solid 20-25% pump this month, fueled by heavy institutional ETF inflows (multi-billion streak) and buzz around possible U.S. Strategic Bitcoin Reserve talk after the White House crypto meeting. Traders are watching a big $6.4B options expiry this Friday plus Fed Chair Warsh’s Jackson Hole speech for the next move bulls eye $100K by year-end if macro stays friendly, while max-pain levels near $78K could bring short-term volatility.