BTC just pulled back to $77.6K after hitting $81K over the weekend, and honestly the technical setup looks mixed right now. I've been watching the daily RSI—it's sitting around 65, which is pretty elevated. Historically when RSI gets above 70, we usually see some cooling, so that's something to keep an eye on.

The bigger picture for bitcoin price analysis this week is macro chaos. We've got CPI on Tuesday, PPI on Wednesday, retail sales Thursday, and Powell's last day as Fed Chair on Friday. Any one of these could swing the market hard. The thing is, if we get cooler inflation numbers, that could actually help risk appetite and push BTC higher. But if it's hot, we might see more downside.

Technically, Bitcoin needs to reclaim that 200-day EMA around $82K to have a real shot at $83.4K. If we hold the ascending channel (which started back in April near $60K), that's still the game plan. But right now with geopolitical noise from Trump's Iran comments and mixed momentum signals, I'm seeing traders pretty cautious. The $78.9K level is key support—lose that and we could retest lower. Spot ETF demand has been solid though, which is keeping a bid under the market. Worth watching how this week unfolds.