#BTCBackAbove81000

Bitcoin pushed back above 81,000 earlier in the week and the daily chart is now showing the first real digestion of that move. The rally was supported by expanded Treasury buybacks, a softer dollar, and more than 2.8 billion dollars in spot ETF net inflows across eight consecutive days. Those flows remain the clearest fundamental backdrop.
On the daily timeframe price is currently sitting at 77,439.6 after a modest 0.52 percent pullback. The 9-period MA rests at 78,357.1 and the 50-period MA is lower at 67,030.4. Bollinger Bands stretch from 56,937.5 on the downside to 85,102.4 on the upside, with the middle band near 71,020.0. Price is trading just below the 9-period MA and well inside the upper half of the band. The next major resistance remains the upper band and SRL level at 85,102.4. Support starts at the middle band near 71,020, then the 50-period MA at 67,030.
RSI has eased to 69.10, still elevated but no longer extreme. MACD remains positive with the histogram still constructive, showing that the broader momentum has not yet turned.
The bullish case is a reclaim and hold of the 78,357–81,000 zone on rising volume. If ETF inflows stay positive and the dollar remains soft, the path of least resistance still points toward a retest of the 85,102 area. In that scenario the entire 71,000–67,000 region becomes the first deeper support band on any larger pullback.
The bearish case starts with a failure to regain the 9-period MA at 78,357. A daily close under that level, especially if volume expands, would likely target the middle Bollinger Band at 71,020. A break of that zone would open the door toward the 50-period MA at 67,030. After the sharp run into 81,000 some multi-day consolidation is normal rather than surprising.
I am treating 78,357 as the immediate pivot and 85,102 as the next upside magnet. Until price either accepts back above the recent highs or loses the 71,000 area with conviction, size stays measured. The ETF streak and Treasury activity provide real demand, but the chart still has to confirm whether the 81,000 break was the start of a larger leg or the end of the current impulse.
Are you adding on a reclaim of 78,300, waiting for a deeper test of 71,000, or already reducing exposure? Share your levels.
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