$BTC is currently around $79,842, consolidating just below the psychological $80K level. The bigger picture is improving, but BTC still needs a confirmed breakout before calling a full bull-run continuation.

📊 Technical Analysis
On the 15M chart, BTC is trading around MA(7) $79,839, MA(25) $79,910, and MA(99) $79,815. RSI(6) at 49.46 shows neutral momentum, meaning buyers and sellers are currently balanced.

Support: $79,550–$79,400
Major support: $79,000
Resistance: $80,200–$80,750
A strong 15M/1H close above $80,200 could open the path toward $81K–$82K, while losing $79,400 could trigger a deeper pullback.
🏦 Fundamental Outlook
The long-term picture remains constructive. U.S. spot Bitcoin ETFs attracted roughly $3.8B over the three weeks through September 4, showing strong institutional demand.
However, macro risk is increasing. Strong U.S. jobs data has pushed Treasury yields higher and increased expectations of a possible Fed rate hike, which could pressure risk assets including BTC.
🟢 SPOT SIGNAL: BUY ON PULLBACK
📍 Entry: $79,500–$79,700
🎯 TP1: $80,200
🎯 TP2: $81,000–$81,500
🛑 SL: $79,250

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