I'm watching closely on BTC again$BTC #
BTC is at *$79,190*, consolidating after two rejections at the $82,466 100-week EMA. Price is holding an ascending channel since April and trading above the 50-day and 100-day EMAs at $76.7K–$76.8K, keeping the short-term bias bullish. Weekly RSI is neutral at 49, daily RSI 58 shows buyers aren’t exhausted. MACD histogram stays positiv
e, so momentum hasn’t flipped bearish. The issue is supply: every bounce fails at the 200-day EMA / 100-week EMA confluence at $82,092–$82,466.
Macro is the main headwind. Hot CPI and PPI data pushed 2-year yields to 4.05% and 10-year to 4.5%, the highest in 12 months. Markets now price a 44% chance of a December rate hike. Higher yields usually pressure BTC, but spot ETF inflows of $700M in May and multi-year lows in exchange reserves are absorbing sell pressure.
*Entry zones*: Aggressive at $79,200–$79,700 with stop < $78,400. Safer at $77,800–$78,500 on a Fib sweep, stop < $77,500. Breakout entry at $82,600+ on a daily close above the 200-day EMA, stop < $81,800.
*Targets*: $83,437 → $85,000 → $86,000. Swing target $90,000 if volume returns. Invalidation is a close below $78,400, which flips structure bearish toward $75,000.
Caution: Crypto is volatile. Not financial advice. DYOR.