Support: $685 → $675 🟡 Resistance: $700 → $705 → $715 📈 If BNB holds $685 and recovers above $700, a move toward $705–715 is possible.
🔴 If $685 breaks strongly, I would avoid a long; $675 becomes the next area to watch. Possible profit from an entry around ~$688: Target $700 = +1.7% Target $705 = +2.5% Target $715 = +3.9% So, for example, a $1,000 position → roughly $17 / $25 / $39 profit before fees. A recent technical forecast similarly places $685 as support and $715 as near-term resistance.
Bitcoin has reclaimed the $80K level for the first time since May, extending its strong recovery from the June lows.
And this rally isn’t happening by itself. 📈
Lower U.S. Treasury yields are supporting the so-called debasement trade, while renewed spot Bitcoin ETF inflows are bringing institutional demand back into the market.
BTC briefly pushed above $81K, with the rally now up around 25% over the past week.
But the big question remains:
👉 Is $80K the beginning of a new move higher, or is this simply a liquidity-driven recovery?
🚨Iranian media, citing Tasnim News Agency, reported that Houthi forces launched attack drones targeting Najran Airport and Saudi Aramco facilities in Saudi Arabia.
The reports did not provide details on casualties or damage, and Saudi authorities have yet to issue a detailed confirmation. The alleged strikes highlight rising regional tensions and could raise further concerns for the security of critical infrastructure and global energy markets.
🚨 BITCOIN IS BACK ABOVE $80,000! Bitcoin has reclaimed the $80K level for the first time since May, extending its strong recovery from the June lows. And this rally isn’t happening by itself. 📈 Lower U.S. Treasury yields are supporting the so-called debasement trade, while renewed spot Bitcoin ETF inflows are bringing institutional demand back into the market. BTC briefly pushed above $81K, with the rally now up around 25% over the past week. But the big question remains: 👉 Is $80K the beginning of a new move higher, or is this simply a liquidity-driven recovery? $BTC $ETH $SOL #Bitcoin #Crypto #BTC #ETF #Macro
The crypto journey is a marathon, not a race. Volatility creates opportunities, but smart traders stay patient and protect their capital. Keep learning, stay disciplined, and never invest more than you can afford to lose. 🚀 $BTC $ETH#dusk $DUSK @Dusk
On the 1-minute chart, the price is currently consolidating around $208.62–$208.70. For the next move, a breakout above $208.70 and a breakdown below $208.62 are key levels.
⚠️ This is only a market observation, not financial advice.