Bitcoin

Key insight

80,000 round-number resistance has capped every rally attempt; reclaiming it is the single prerequisite for a trend reversal. Below it, the 200-week MA near 45,000 is the structural floor traders watch.

77,391 sits 27% below the Jan 2026 all-time high near 106,000 — BTC has failed to reclaim the 80,000 round-number resistance for multiple weeks, signalling sustained distribution.

Main risk

Macro risk-off / equity correlation

BTC's 90-day correlation to Nasdaq remains elevated; S&P 500 at 7,671 near highs — any equity pullback amplifies BTC downside toward 70,000.