BTCUSDBitcoin
78,119
-0.02%
SUPPORT:7870076800
RESISTANCE:8060082500
Past
What happened
BTC traded 78,111 into Sunday — back below 80K after Iran-Hormuz threats and a 2Y yield at 4.09% that's choking out the breakout attempt; spot ETFs saw $635M of outflows last week.
Why
Why it matters
Bitcoin is being treated as a duration-sensitive risk asset right now, not digital gold. With short rates this firm, the opportunity cost of holding non-yielding crypto is at a multi-month high.
Watch
What to watch
78,700 is the line that needs to reclaim by Monday US session; if it doesn't, 76,800 opens quickly. Any Hormuz escalation is a wildcard — a brief safety bid, then back to the macro story.
HEADLINES