$BTC
*Price:* $77,613
*Market Cap:* $1.54T
*What’s happening:*
Bitcoin is consolidating between $75K and $80K after bouncing off the $70K support zone. $75K has flipped from resistance to support. The next major resistance is $80K-$81K.
*Key points:*
1. *ETF flows slowed* – After 6 weeks of inflows, we saw nearly $1B in outflows this week. Bulls need to see IBIT flip back to net accumulation.
2. *Macro headwinds* – Rising bond yields and geopolitical tension are keeping risk assets under pressure.
3. *Strong holders* – Long-term holder confidence is at its highest since 2017. Less coins are moving, which reduces sell pressure.
*Levels to watch:*
- *Bullish:* Hold $73.8K-$75K and reclaim $81.7K on a daily close. That opens the path to $95K-$107K.
- *Bearish:* Daily close below $73.8K could send BTC to $70K-$72K.
- *September average forecast:* $77,270.
If BTC breaks $80K with volume, next stop is price discovery. Until then, expect choppy range trading.
