$BITCOIN is trading around the $79,000–$80,000 zone after a strong August rally. Recent market data shows BTC has been testing resistance near $82,000–$83,000 while holding support around $77,000–$78,000.
Momentum remains positive because BTC is still above major moving averages, but traders are watching whether it can break the $82K resistance area.
A sustained move above $82,500 could open the way toward $90,000+, while a break below $77,000 would increase the risk of a deeper pullback.
#BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustJobGrowthNearlyTriplesForecast #USAugustNonfarmPayrollsDueToday #ZECHitsANewAllTimeHigh
Momentum remains positive because BTC is still above major moving averages, but traders are watching whether it can break the $82K resistance area.
A sustained move above $82,500 could open the way toward $90,000+, while a break below $77,000 would increase the risk of a deeper pullback.
#BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustJobGrowthNearlyTriplesForecast #USAugustNonfarmPayrollsDueToday #ZECHitsANewAllTimeHigh
