CoinShares: Bitcoin Expected to Remain Range-Bound Below $80,000 Pending Clearer Fed Policy Shift According to CoinShares, Bitcoin is expected to maintain a range-bound oscillation in the near term, with the $80,000 mark acting as a critical upper resistance level.
Analysts suggest that a more definitive market breakout will likely require the Federal Reserve to clearly confirm that policy risks have shifted and that it is no longer leaning toward further monetary tightening
The recent Bitcoin rally has been primarily driven by macroeconomic factors, such as softening U.S. inflation and employment data, rather than crypto-native catalysts. Alongside this macro shift, on-chain data shows that whales have resumed accumulation. — link