$BTC Current price: around $77,600โ$77,900. BTC has recovered from the ~$76,200 intraday low and is attempting to stabilize above $77K. ๏ฟฝ
CoinDesk +1
๐ Technical Outlook
๐ข Support: $76,300 โ $75,700 โ $71,800
๐ด Resistance: $78,100 โ $80,000 โ $82,800
๐ If BTC breaks and holds above $82,800, the next major targets could be $90,000 and then the 2026 high near $97,900. ๏ฟฝ
Reuters
โ ๏ธ A sustained break below $75,700โ$71,800 would weaken the bullish structure and could expose lower levels.
๐ฆ Market Factors
U.S. spot Bitcoin ETFs recently returned to net inflows, with about $101 million of net inflows on September 2, although ETF demand has been inconsistent. ๏ฟฝ
bloomingbit +1
๐ฎ My Short-Term View
Bias: Neutral โ Slightly Bullish ๐ข
BTC is holding an important support area, but it needs to reclaim $80K convincingly to confirm stronger upside momentum. For now, $76K is the key level to watch.
Possible scenario:
$77K โ $80K โ $82.8K โ $90K ๐
But if ~$75.7K breaks decisively, downside risk increases.
#ADPJobsSurge #BinanceHODLerMMT #PrivacyCoinSurge
CoinDesk +1
๐ Technical Outlook
๐ข Support: $76,300 โ $75,700 โ $71,800
๐ด Resistance: $78,100 โ $80,000 โ $82,800
๐ If BTC breaks and holds above $82,800, the next major targets could be $90,000 and then the 2026 high near $97,900. ๏ฟฝ
Reuters
โ ๏ธ A sustained break below $75,700โ$71,800 would weaken the bullish structure and could expose lower levels.
๐ฆ Market Factors
U.S. spot Bitcoin ETFs recently returned to net inflows, with about $101 million of net inflows on September 2, although ETF demand has been inconsistent. ๏ฟฝ
bloomingbit +1
๐ฎ My Short-Term View
Bias: Neutral โ Slightly Bullish ๐ข
BTC is holding an important support area, but it needs to reclaim $80K convincingly to confirm stronger upside momentum. For now, $76K is the key level to watch.
Possible scenario:
$77K โ $80K โ $82.8K โ $90K ๐
But if ~$75.7K breaks decisively, downside risk increases.
#ADPJobsSurge #BinanceHODLerMMT #PrivacyCoinSurge
