đ„ $BTC rejected at 80 000 $ after Jackson Hole â correction or pause before the next leg?
Bitcoin opened the day at 80 261 $ but was rejected after Kevin Warshâs (Fed) speech at Jackson Hole, falling back to around $78,000. Despite this, several analysts remain optimistic: 8 consecutive sessions of net inflows into BTC ETFs, steady derivatives open interest (a sign of a rally thatâs less âleveragedâ), and a cycle floor that, according to them, sits around 58 000 $ (the end-June trough).
đĄ Watchlist: if BTC regains momentum, resistance at 82,000â82,400 $ becomes the next target. If selling pressure continues, watch for a sharper pullback.
$ETH remains stable around $2,506.
Bitcoin opened the day at 80 261 $ but was rejected after Kevin Warshâs (Fed) speech at Jackson Hole, falling back to around $78,000. Despite this, several analysts remain optimistic: 8 consecutive sessions of net inflows into BTC ETFs, steady derivatives open interest (a sign of a rally thatâs less âleveragedâ), and a cycle floor that, according to them, sits around 58 000 $ (the end-June trough).
đĄ Watchlist: if BTC regains momentum, resistance at 82,000â82,400 $ becomes the next target. If selling pressure continues, watch for a sharper pullback.
$ETH remains stable around $2,506.