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What's happening right now?
$BTC is testing its largest supply wall at $80,000 - right around the average cost basis of ETF holders.
Spot Bitcoin ETFs just logged their 8th straight day of inflows (longest streak since April).
Price is holding above $79k after a sharp weekly rally, but Friday brings a $6.4B options expiry and Fed Chair Warsh’s Jackson Hole speech.
➟ Institutions are still buying
➟ $80K remains the key resistance
➟ Options expiry could add serious volatility
➟ Macro headlines could decide the next move
The setup is getting interesting.
If BTC breaks $80K with strong volume, the next leg higher could accelerate. But another rejection could turn this into a short-term pause or pullback.
The next 48 hours matter. Watching the $80K level closely 👀
NVIDIA ($NVDA) Technical Analysis