$BTC is stuck below $80K after hot US PPI data at 6% YoY killed rate cut hopes.
What’s moving it:
* CLARITY Act: Senate Banking passed it 15-9. If full Senate approves, it’s bullish long-term but expect short-term “sell the news” volatility.
* BTC dominance 59%: Alts are weak. No real rotation until $BTC breaks $82K-$84.4K.
* Key levels:
- Support: $78.7K-$79K. Lose it and $76.5K is next.
- Resistance: $82K-$84.4K. Break here and momentum flips bullish.
RSI is 55, MACD just crossed bearish. Fear & Greed at 34 = Fear zone.
My take: Market is compressing before a big move. Either breakout above $82K or retest $78K. Don’t chase intraday wicks.
Keep leverage low and watch the vote.
What’s your play - breakout or dip?
#bitcoin #BTC #CryptoTrading. #CLARITYAct
