Bitcoin

Key insight

80,000 is the line in the sand: a daily close above unlocks 83,500 (Feb swing high); failure sends BTC back toward 78,000 200-day MA. Gold at 4,412 rising alongside BTC signals safe-haven hedging, not pure risk appetite.

79,531 holds above the 200-day MA near 78,000 but stalls below the key 80,000 round number — risk-off equities and oil surge to 93.7 create a mixed macro backdrop.

Main risk

Equity Selloff Contagion

S&P 500 -0.3%, DAX -1.4% on Sep 9 — sustained equity drawdown historically drags BTC below 200-day MA at 78,000 within days.