New Fed Chair Could Make or Break $BTC , End or Boost the $80K Rally? Bitcoin’s latest move is showing why the Fed may not be the only thing driving this market. BTC rallied from around $64K to nearly $81.5K after the U.S. Treasury announced its bond buyback program. The move was already largely priced in before the latest Fed headlines, which makes the market’s reaction to the new Fed chair’s comments more interesting. At Jackson Hole on August 29, the message was not exactly bullish. The 2% inflation target remained firmly in focus, while the inflation trend was described as still not having materially changed despite softer CPI and PCE data. The immediate reaction was clear: → BTC slipped below $78K → Short-term Treasury yields moved higher → Risk sentiment weakened → BTC pulled back toward the key $77K area This is the level I’m watching closely today. If Bitcoin holds the 50-week EMA, the current correction could simply be a retest before another attempt at $80K and potentially higher. But if BTC loses $77,000 with strong volume, the structure starts looking much weaker and deeper downside could come into play. So, is this really a Fed story? In my view, not entirely. It’s more of a liquidity story being driven by Treasury policy, with the Fed narrative adding volatility around it. The big question for BTC today is simple: Will $77,000 hold and give Bitcoin another shot at $80K, or will this rally finally start losing momentum? #Bitcoin #BTC #Fed #FederalReserve