Bitcoin consolidates below $80,000 as Middle East tensions and tech earnings loom
- —Spot Bitcoin ETFs took in $110.34 million Monday after $301.2 million the prior week
- —Strategy made no BTC purchase last week while Strive added 6,182 BTC
- —RSI near 41 and MACD below zero signal fading momentum; support at $77,727 and $76,338
- —QCP base case: $78,000–$86,000 range; bear case: a break below $78,000
Why it matters: BTC's next direction hinges on hyperscaler earnings and Middle East escalation rather than this week's Fed decision.
Source: FXStreet Crypto