🌞 BITCOIN is struggling below $80K. BTC briefly topped $79,000 before retreating toward $77,600 as hotter U.S. inflation dampened hopes for aggressive Fed easing.
💸 Institutional demand is cooling too. Digital-asset products saw around $243M in outflows this week, after roughly $1.3B in inflows the week before, as investors await the September 16 Fed decision.
👀 The setup remains mixed. Tighter policy and weaker flows are near-term headwinds, while potential Treasury-market intervention could support Bitcoin’s longer-term narrative. For now, BTC is consolidating near $77K, with $80K the key resistance to watch.
#BTC☀ $BTC
💸 Institutional demand is cooling too. Digital-asset products saw around $243M in outflows this week, after roughly $1.3B in inflows the week before, as investors await the September 16 Fed decision.
👀 The setup remains mixed. Tighter policy and weaker flows are near-term headwinds, while potential Treasury-market intervention could support Bitcoin’s longer-term narrative. For now, BTC is consolidating near $77K, with $80K the key resistance to watch.
#BTC☀ $BTC