#BITCOIN RESISTS AT $78K: REACTION OR REVERSAL?
BTC holds up through the macro shakeout while Strategy buys 4,603 BTC and the market prices in a 66% probability of a rate hike in September.
📊 2 Key Takeaways from the Day:
• Strategy steps back in: Bitcoin’s largest corporate treasury acquired 4,603 BTC for ~$368.7M. Is this a real signal—or just an opportunity?
• Macro tightens, but BTC doesn’t fold: US 10Y bond yields jumped to 4.78% (the highest since January 2025) and oil is above $90/bbl due to the US–Iran conflict. Despite this, BTC stays in the $77K-$79K range with dominance at 57-60%.
💡 Key Fact: August closed up 24%, the best month since November 2024. 24h volume is around $29.3B and market capitalization is above $1.59T.
👇 Do you think BTC will break $80K this week, or will macro headwinds hold it back? Leave your analysis in the comments!
#Bitcoin #BTC #CryptoNews #BTCAnalysis #BinanceSquare #Strategy #BitcoinETF #TradingBTC #BTCUSDT
BTC holds up through the macro shakeout while Strategy buys 4,603 BTC and the market prices in a 66% probability of a rate hike in September.
📊 2 Key Takeaways from the Day:
• Strategy steps back in: Bitcoin’s largest corporate treasury acquired 4,603 BTC for ~$368.7M. Is this a real signal—or just an opportunity?
• Macro tightens, but BTC doesn’t fold: US 10Y bond yields jumped to 4.78% (the highest since January 2025) and oil is above $90/bbl due to the US–Iran conflict. Despite this, BTC stays in the $77K-$79K range with dominance at 57-60%.
💡 Key Fact: August closed up 24%, the best month since November 2024. 24h volume is around $29.3B and market capitalization is above $1.59T.
👇 Do you think BTC will break $80K this week, or will macro headwinds hold it back? Leave your analysis in the comments!
#Bitcoin #BTC #CryptoNews #BTCAnalysis #BinanceSquare #Strategy #BitcoinETF #TradingBTC #BTCUSDT
