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$BTC Coiling Between $76K–$80K — Breakout Watch
Bitcoin is stuck in a tight range this week. Price dipped after PPI (9/10), found a floor post-CPI (9/11), and has been grinding back up since — now trading around $78.5K as of 9/13.
The range:
Resistance: $80K
Support: $76K
Price is compressed right in the middle, and volatility is likely to expand soon given what's coming up:
9/15 — Clarity event (possible push toward $80K)
9/17 — FOMC rate decision
9/18 — BOJ policy decision
Three major catalysts in four days is a lot for a market this tight. Historically, ranges like this don't stay quiet — they resolve with momentum once the macro dust settles.
If $80K breaks, there's room to extend higher.
If $76K fails, downside could accelerate.
Just tracking the range for now. DYOR.
What's everyone's take — breakout or fakeout?
#BTC #Bitcoin #GateSquare #ShareWeekly