Markets· ★★★★· bullish·

Bitcoin breaks $80,000 as gold hits weekly high

  • —BTC trades above $80,000, with RSI around 62 in a constructive zone
  • —Nearest support is $80,000, then the key demand zone at $75,000
  • —Gold at $4,345, between the 50-day EMA of $4,343 and the 100-day EMA of $4,361
  • —CFTC submitted the Regulation Crypto Asset Transactions and Markets draft to OIRA
Why it matters: Bitcoin's return above $80,000 and CFTC regulatory activity after the CLARITY Act failure support risk appetite and the bullish scenario.
#BTC
Source: FXStreet Crypto
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