
Bitcoin holds above $80k as crypto recovery faces big tech earnings test
- —Bitcoin at $80,846 with nearest support at the 50-day EMA near $80,810
- —RSI near 46 and a negative MACD leave the recovery unconfirmed
- —A close above $85,000 is needed to cement the bullish case
- —The Fed is expected to hold rates; guidance on cuts is the key catalyst
Why it matters: Big tech earnings and Fed guidance will decide whether bitcoin holds $80k or slides toward $77–78k.
Source: Invezz