Key Levels to Watch This Week

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Ahmed Barakat

Author

Ahmed Barakat

Part of the Team Since

Mar 2024

About Author

Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.


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CryptoNews Editorial Team

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CryptoNews Editorial Team

Part of the Team Since

Sep 2018

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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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Today’s Bitcoin price prediction shows BTC trading at $76,800, down -1.1% on the day, as the market digests a rougher-than-expected week of macro noise. That flat print masks a more interesting story underneath: bond-market stress, a jobs report that spooked rate-cut bets, and a presale quietly closing in on $34M while everyone watches the BTC chart.

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The move follows a volatile start to September, with BTC oscillating between $76,000 and near $80,000 after August’s roughly 25% rally.

A stronger US August jobs print briefly pushed BTC below $80,000 last week as traders repriced Fed expectations; commentators are calling it a “healthy shakeout” rather than a trend reversal.

Add Houthi-driven oil price pressure and a global bond selloff, and cross-asset volatility is clearly elevated. Risk assets, crypto included, are trading defensively as everyone waits for Friday’s inflation data to provide the next directional cue.

Bitcoin Price Prediction: Can BTC Hit $80,000 This Week or is Sub-$76,000 Next?

BTC’s immediate battle is playing out around the $77,500–$77,700 pivot zone, a level recent technical coverage flags as the decider for the next several sessions. Volume has thinned alongside the price consolidation, a pattern typical of markets waiting on a catalyst rather than committing to direction.

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Support sits first at $76,000–$76,350, backed by a deeper floor near $75,000 and structural demand stretching to $71,781–$75,674. Resistance clusters at $78,800–$79,000, the so-called transition zone, with $78,340 acting as the pivotal bullish threshold analysts want to see reclaimed. Chart analysis from early September still frames the broader structure as bullish but range-bound.

Bull case: acceptance above $78,340 opens a path to $80,000–$82,000.

Base case: continued chop between $76,000 and $79,000 while inflation data gets digested.

Bear case: a break below $75,000 invalidates the near-term structure and drags price toward the $71,000–$73,000 demand band.

Friday’s print will decide which scenario plays out; longer-term outlooks still lean constructive on institutional flows, regardless of short-term noise.

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Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key Levels

Holding BTC through this chop validates the long-term thesis, but let’s be honest: a move from $77,000 to $82,000 is a solid trade, not a life-changing one at Bitcoin’s trillion-dollar-plus market cap. Traders chasing outsized asymmetric upside are increasingly looking one layer down, literally, at infrastructure built on top of Bitcoin itself.

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Bitcoin Hyper ($HYPER) markets itself as the first Bitcoin Layer 2 with native SVM integration, aiming to deliver smart contract speeds faster than Solana while settling back to Bitcoin’s base security.

The presale is priced at $0.013686 and has raised $33,121,590.91 so far, with staking offering a high APY for early participants. Standout features include a decentralized canonical bridge for BTC transfers and low-latency execution designed to fix Bitcoin’s longstanding programmability gap.

Gain Access to New Bitcoin Layer 2 Early Here

Discover: The Best Token Presales


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