$BITCOIN is trading around $79,000–$80,000 today. Recent price action shows BTC recovering from the $77K area, but it remains below the important $82K–$83K resistance zone. �
CoinGecko +1
Technical view:
🟢 Resistance: $82,000–$83,000
🟡 Support: Around $77,000–$78,000
🚀 A sustained move above $83K could improve the bullish outlook.
⚠️ A break below $77K could increase downside pressure.
The near-term market is also sensitive to upcoming U.S. inflation data and Federal Reserve policy expectations, which could increase volatility. �
reuters.com +1
Overall: BTC is neutral to cautiously bullish, but confirmation above resistance is important before calling a stronger upward trend. This is market analysis, not financial advice.
#BITCOIN #RippleLobbiesToAdvanceCLARITYActVote #ChinaAugustCPIRises0.8%YoY #OilRisesToHighestSinceJuly
CoinGecko +1
Technical view:
🟢 Resistance: $82,000–$83,000
🟡 Support: Around $77,000–$78,000
🚀 A sustained move above $83K could improve the bullish outlook.
⚠️ A break below $77K could increase downside pressure.
The near-term market is also sensitive to upcoming U.S. inflation data and Federal Reserve policy expectations, which could increase volatility. �
reuters.com +1
Overall: BTC is neutral to cautiously bullish, but confirmation above resistance is important before calling a stronger upward trend. This is market analysis, not financial advice.
#BITCOIN #RippleLobbiesToAdvanceCLARITYActVote #ChinaAugustCPIRises0.8%YoY #OilRisesToHighestSinceJuly
