Bitcoin

Key insight

79,655 sits just below the 80,000 psychological pivot; a weekly close above it reopens 85,000, while a break below 78,500 (200-day MA) accelerates selling toward 74,000.

79,655 holds the 80,000 round-number floor by a thread — flat 24h move masks a range-bound squeeze between 78,500 support and 82,000 resistance pending a macro catalyst.

Main risk

Macro risk-off: equities rolling over

S&P 500 at 7,709 (-0.1%), Nasdaq -0.2% — BTC historically drops 15–25% in sustained equity drawdowns below 50-day MA.